Accounting
- Saturday, January 3, 2009, 4:02
- Finance
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It is the measurement,communicating and interpreting financial activity. Accounting is also widely referred as a “language of business”. There are five type of accounts in accounting are assets,liabilities,owner equity(Capital),expense and revenues. These accounts are the pillars of accounting all the debit and credit transaction are performed on these accounts.
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Accounting Equation
Accounting Equation The general form of accounting equation is , Assets = Liabilties + Owner Equity It can be transform to find the capital or owner equity, Owner Equity = Assets - Liabilities Same for the liabilities, Liabilities = Assets - Owner Equity Share this tutorial: ...Read more
Accounting Equation The general form of accounting equation is , Assets = Liabilties + Owner Equity It can be transform to find the capital or owner equity, Owner Equity = Assets - Liabilities Same for the liabilities, Liabilities = Assets - Owner Equity Share this tutorial: ...Read more
Capital Budgeting
Historically, the role of accountants have been limited to office work where they were used to manage the affairs of daily accounting and record keeping. When the economic horizon broadened and expanded business operations beyond the borders of their homeland and sustained investment in long-term projects and companies wrap for many years the role of...Read more
Historically, the role of accountants have been limited to office work where they were used to manage the affairs of daily accounting and record keeping. When the economic horizon broadened and expanded business operations beyond the borders of their homeland and sustained investment in long-term projects and companies wrap for many years the role of...Read more
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Assets
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