What is Account

What is Account. Explain briefly.

E

Expert

Verified

Account: Account is an accounting word and to know regarding why account is very essential who's duty to maintain accounts and as well those who have no base of accounting.

   Related Questions in Financial Accounting

  • Q : European Monetary System Discuss the

    Discuss the workings and arrangements of European Monetary System (EMS).

  • Q : What are Bad Debts What are Bad Debts

    What are Bad Debts and what are their influence on the value of debtor?

  • Q : Multinational corporations Explain

    Explain Multinational corporations (MNCs) and what the economic roles do they play?

  • Q : What is Subsidiary bank State what is

    State what is meant by Subsidiary bank.

  • Q : Capitalization Method for Goodwill

    Capitalization Method: (Goodwill method): In this technique capitalized value of the firm is computed on the basis of normal rate of return. Difference between the capitalized value and real capital employed is termed as goodwill.

  • Q : Highlights of Lobbying Define the term

    Define the term Lobbying in the the act of attempting to persuade affiliates of a legislative body to cast their vote in favor of the lobbyist.

  • Q : Re-measurement and translation

    Explain the re-measurement and translation procedure in FASB 52 of translating to the reporting currency the books of the entirely owned affiliate which maintains its books in local currency of country in which it operates, that is different from its functional curren

  • Q : Define Liabilities Liabilities mean the

    Liabilities mean the amount which the firm owes to the outsiders. Liabilities are of two types: -Long term liabilities & Short term liabilities. Examples of long term liabilities are long terms loans, bonds etc. & examples of short term liabil

  • Q : Political events affecting the local

    Discuss about the different ways in which the political events in the host country affects the local operations of MNC.

  • Q : Desribe cash budget Give a short

    Give a short introduction of the term ‘cash budget’? And also write down the dissimilar techniques to make it?

©TutorsGlobe All rights reserved 2022-2023.