Accounting Invention

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Ashish Nangla

Presentation by Vijay Poojari KH08JUNMBA110

Education Business Technology

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Special thanks to Prof. Hardik Mehta Thank You

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For more content and questions refer (Copy and Paste this link) https://clickuniv.com/introduction-to-accounting/ Follow me on: https://twitter.com/Afzalindian Here in this slide fundamentals of accounting are discussed. After studying this slide you will be able to know Meaning and Definition of Accounting Attributes (Characteristics) of accounting Functions of Accounting Accounting Process Bookkeeping Objectives of Accounting Advantages of Accounting Limitations of Accounting Users of Accounting Information Systems of Accounting Basis of Accounting

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Accounting refers to accounting, classifying, summarising and presenting transactions (or transactions) of financial nature in such a way that they can be analysis and interpreted. Summary in accounting means to prepare Trial Balance and the basis of and interpretation are Final Accounts, under which Business Account, Profit and Loss Account and Statement or Balance Sheet are prepared. Accounting is the art of recording , classifying and summarising in a significant manner and in terms of money transactions and events which are , in part or at least of a financial character and interpreting the results. Accounting is the most important in Business. Accounting is the art or a Science.

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