Bookkeeping is the maintenance of the company's financial records. Accounting is the presentation and interpretation of those records to be used by management for decision making, improvement, and planning.
Are assets a permanent account?
When trial balance is taken?
Described the disadvantages of back-flush accounting?
Described register when referring to accounting or bookkeeping?
What is Tell me consistency concept in accounting?
What is social responsibility accounting?
What is cash float in accounting?
Explain bills receivable?
Explain deferred account?
Explain MIS reports and do you prepare it?
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