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BCom Tuition > Learn BCom Tuition > what is the meaning of accounting?
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what is the meaning of accounting?

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It is a systematic process of identifying, recording, measuring, classifying, verifying, summarizing, interpreting and communicating financial information. It reveals profit or loss for a given period, and the value and nature of a firm's assets, liabilities and owners' equity. Accounting provides information...
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It is a systematic process of identifying, recording, measuring, classifying, verifying, summarizing, interpreting and communicating financial information. It reveals profit or loss for a given period, and the value and nature of a firm's assets, liabilities and owners' equity. Accounting provides information on the resources available to a firm, the means employed to finance those resources, and the results achieved through their use. read less
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Accounting is an art of recording transactions which can be measured in terms of money. The stages of accounting are as given below : Journalisation, Ledger Posting, Balancing of accounts, Preparation of Trial Balance and Preparation of Final accounts.
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BCOM TUTOR

It is a systematic process of identifying, recording, measuring, classifying, verifying, summarizing, interpreting and communicating financial information. It reveals profit or loss for a given period, and the value and nature of a firm's assets, liabilities and owners equity.
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Tutor Commerce

In simple terms, it is an art of recording financial transactions of an entity or business or firm. It also refers to the process of summarizing, analyzing, reporting or presenting these transactions.
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Accounting is a language for recording money transactions.
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Accountancy Tutor, Accountancy Teacher, Accountancy Coach, B.com Accountacy Tutor, B.Com Accountancy Teacher, B.Com Accountancy Coach

Accounting is a process of analysing and interpretating the book keeping records
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B.COM GRADUATE ACCOUNTS PRIVATE TUTOR WITH 10 YEARS EXPERIENCE

As the process of identifying,measuring,recording and communicating the required information relating to the economic events of an organisation.
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accounting can be described to be a method of keeping systematic records for economic transactions
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Accountancy for CBSE, ISC, PUC 11th/12th, BBA, BCom and MBA

Recording, Classifying, Summarizing, Analyzing and Interpreting the monetary business transactions is Accounting
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SAP FICO Consultant

Recording , classifying , summaryzing all financial transactions
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