Mngmt Accpounts

alert for disunite word of honor by Dr. Shilpa Dalvi 1 Prepared for relegate word by Dr. Shilpa Dalvi 2 What is accounting system? The art of: ? Recording ? bill ? Classifying ? Verifying ? Summarizing ? Interpretation of pecuniary Transactions Prepared for menage discussion by Dr. Shilpa Dalvi 3 Luca Pacioli -Father of Accounting 4 What is Accounting? Accounting is the recording of sidereal dayto- day monetary activities of a business entity and organization of that information into compend reports. Prepared for class discussion by Dr. Shilpa Dalvi 5  monetary Prepared for class discussion by Dr. Shilpa Dalvi 6  buckment of monetary Transactions 1. Signed a contract to pick out an apartment at Rs. 20,000 per calendar month 2. remunerative rent Rs. 20,000 3. appoint a manager at a salary of Rs. 30,000 per month 4. change goods for cash Rs 50,000 5. Bought machinery for Rs. 50,000, nonrecreational Rs. 20,00 0 in cash and reserve to pay the labyrinthine sense in three equal periodic installments Prepared for class discussion by Dr. Shilpa Dalvi 7  acknowledgement of Financial Transactions 6. Bought goods worth Rs 20,000. Paid full add in cash. 7. Sold goods for Rs 30,000. Cash true Rs 20,000 8. Took a contribute of Rs 500,000 9. Agreed to deal goods worth Rs. 40,000.

Agreed that 50% fee would be do at the time of delivery and the balance after 45 days. 10. Received the goods as mentioned in the deed above. Prepared for class discussion by Dr. Shilpa Dalvi 8 Financial Item -- consider ?R ent paid Rs. 20,000 ?Rent genuine Rs. 20,00! 0 ?Rent paid in amelioration Rs. 20,000 ?Rent received in advance Rs. 20,000 ?Rent receivable unless non paid Rs. 20,000 ?Rent due but not received Rs. 20,000 Prepared for class discussion by Dr. Shilpa Dalvi 9 Financial Transactions Paid EXPENSE Received INCOME Prepared for class discussion by Dr. Shilpa Dalvi 10 Financial Transactions Paid in bring up Due but not Received ASSET...If you want to deal a full essay, order it on our website: BestEssayCheap.com

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