Accounting is an art of recording classifying summarizing analyzing

Asked by admin @ 17/08/2021 in Accountancy viewed by 498 People

The art of recording, classifying and summarizing is called:

(a) Journalizing (b) Accounting(c) Bookkeeping (d) Record Keeping

Answered by admin @ 17/08/2021

It is called journalizing

Hope it helps you

Classify the following into personal real and nominal accounts

Asked by admin @ 16/08/2021 in Accountancy viewed by 557 persons

0.6 Classify the following accounts under the types of Personal, Real and Nominal account. 1) Mr. Rohit's capital A/C2) Loose Tools A/c3) Drawing A/C4) Cartage A/C5) …

Accounting is an art as well as science in hindi

Asked by admin @ 03/08/2021 in Accountancy viewed by 445 persons

Accounting is an art as well as science explain

When historians collect classify analyze interpret

Asked by maham237 @ 22/02/2021 in Social Studies viewed by 315 persons

When historians collect, classify, analyze, interpret, synthesize, and report data, they are using the _____. Scientific Method Chronological Method Research Method Historical Method

A purchase of supplies on account is recorded in the

Asked by admin @ 26/11/2021 in Business viewed by 271 persons

On January 7, Bravo purchased supplies on account for $1,000, and recorded this purchase to the Supplies account. At the end of January, Bravo had $600 of these supplies still …

Goodwill should be recorded in the accounting records only when

Asked by admin @ 05/11/2021 in Business viewed by 344 persons

Select the assumption, principle, or constraint that most appropriately justifies these procedures and practices. (Do not use qualitative characteristics.) (a) Fair value changes are not recognized in the accounting records. …

Accounts receivable is classified on the balance sheet as a

Asked by admin @ 28/10/2021 in Business viewed by 299 persons

Show how Accounts Receivable, Notes Receivable, and their related accounts would be reported in the current assets section of a classified balance sheet at the end of the quarter on …

Accounting is not concerned only with the recording of transactions

Asked by admin @ 03/08/2021 in Accountancy viewed by 474 persons

Accounting is not concerned only with the recording of transaction .coment

Accrual basis of accounting records revenues when they are

Asked by admin @ 17/08/2021 in Accountancy viewed by 438 persons

The accrual basis of accounting records revenues when they are: Collected Earned Contracted Readily Available For use

Accounting records of a business enterprise is required by

Asked by admin @ 13/08/2021 in English viewed by 353 persons

Accounting records and information of business enterprise is required by which

Discount is not recorded in the books of accounts

Asked by admin @ 11/08/2021 in Accountancy viewed by 436 persons

Which discount is not recorded in the books of accounts?

Accounting does not record non financial transactions because of

Asked by admin @ 11/08/2021 in Accountancy viewed by 434 persons

Accounting does not record non-financial transactions due to

Where were the monthly accounts of the baker recorded

Asked by admin @ 10/08/2021 in English viewed by 266 persons

Where were the monthly accounts of the baker recorded?

What effect will this adjustment have on the accounting records

Asked by maham237 @ 12/06/2021 in Business viewed by 263 persons

Unearned Fees 6,375 Fees Earned 6,375 increase revenues reported for the period increase net income decrease liabilities All of these choices are true.