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What are problems in accounting?
Most of the people do not know the rules of Debit and Credit. That is the main problem in accounting.
What are the accounting principles that must be obserb in a accounting?
source : "Ultimate book of accountancy" Ans: Main concepts of accounting are (1) Business entity concept (2) Money Measurement concept (3) Cash and Accrual Concept (4) Prudence concept (5) Cost concept (6) Matching Concept For more detail.... see... "ULTIMATE BOOK OF ACCOUNTANCY" Published by vishvas publications ... vishvasbook@yahoo.com
What are the main advantages of the Peachtree Accounting software over similar software programs?
Peachtree Accounting software is the oldest accounting software in the world. Peachtree software contains all forms of accounting services. Peachtree Accounting software makes bookkeeping quick and easy.
What is the main purpose of adjusting entries?
The main purpose of adjusting entries is to ensure that a company's financial statements accurately reflect its financial position and performance for a specific accounting period. These entries are necessary to match revenues and expenses in the period they occur, adhere to the matching principle, and comply with the accrual basis of accounting. Adjusting entries are made at the end of an accounting period to update account balances and ensure that the financial statements provide users with reliable and relevant information.
How does management accounting differ from cost accounting?
Management accounting includes both financial and cost accounting, tax planning and tax accounting. Cost accounting, on the other hand, does not include financial accounting, tax planning and tax accounting.
Describe the components and interrelationships of different categories of accounting?
The main categories of accounting include financial accounting, management accounting, and cost accounting. Financial accounting focuses on recording and reporting financial information for external users. Management accounting provides financial information to internal decision-makers and helps in budgeting, planning, and decision-making processes. Cost accounting analyzes the cost of manufacturing a product or providing a service. These categories are interrelated as the information produced in financial accounting is used by management accounting for decision-making, and cost accounting employs the techniques and information provided by both financial and management accounting.
How many main categories are in WikiAnswers?
There are 22 Main Categories on WikiAnswers.
What categories are there in food?
The main categories of food are:CarbohydratesFatsProteinsVitaminsMinerals
Main stages of the accounting system?
The main stages in the accounting process are, financial accounting and management accounting. Financial accounting is mainly concerned on classifying, measuring and recording the economics transactions of an entity in accordance with established principles, legal requirements and accounting standards. It is primarly concerned with communicating a true and fair view of the financial performance and financial position of an entity to external parties. Management accounting focus on the internal users, mainly concerened on collecting, analysing and interpreting qualitative and financial information. it is primarly concerned with communicating information to management for planning, controlling and decision making.
What are the main different between Financial accounting and Cost accounting?
do you have best answer from FA
What is the 4 fields of accounting?
In accounting there are four main areas. They are as follows corporate accounting, corporate finance, public accounting and investment banking.
What are the main function of accounts?
whats the main words of accounting
There are three main categories of fashion?
The three main categories of fashion are haute couture,ready-to-wear and mass market.
What is the main difference between these two categories?
You haven't stated any categories.
What are problems in accounting?
Most of the people do not know the rules of Debit and Credit. That is the main problem in accounting.
What are the two main categories for animals?
You tell me!
What are the four main categories used to develop a narrative?
plot,characters,point of view,style
