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What is accontancy

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What is accontancy

Posted by Kamini Chaudhary 5 years, 1 month ago

CBSE > Class 11 > Accountancy

5 answers

Amit Singh 5 years ago

In simple terms accounting is the process of recording day to day transactions of business and making analysis on their basis.

Harshita Dhariwal 5 years ago

Accounting refers to the recording,classifying and summarising of the financial nature transactions...

Deepanshu Jha 5 years ago

Accountancy refer to a systematic knowledge of accounting and it is also based on science and art bcoz account have based on specific priciple

Ankita Gupta 5 years, 1 month ago

Accountancy is the knowledge of doing accounting work

Yogita Ingle 5 years, 1 month ago

Accounting can be defined as a process of reporting, recording, interpreting and summarising economic data. The introduction of accounting helps the decision-makers of a company to make effective choices, by providing information on the financial status of the business.

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