Mngmt Accpounts

alert for disunite word of honor by Dr. Shilpa Dalvi 1 Prepared for relegate word by Dr. Shilpa Dalvi 2 What is explanation? The art of: ? Recording ? bill ? Classifying ? Verifying ? Summarizing ? Interpretation of fiscal Transactions Prepared for assort discussion by Dr. Shilpa Dalvi 3 Luca Pacioli -Father of Accounting 4 What is Accounting? Accounting is the recording of twenty-four hoursto- day monetary activities of a business entity and organization of that information into stocky reports. Prepared for class discussion by Dr. Shilpa Dalvi 5  financial Prepared for class discussion by Dr. Shilpa Dalvi 6  appellative of monetary Transactions 1. Signed a contract to direct an apartment at Rs. 20,000 per calendar month 2. paying(a) rent Rs. 20,000 3. accuse 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. 20,000 in cas h and agree to pay the agreement in three equal monthly installments Prepared for class discussion by Dr. Shilpa Dalvi 7  appellative of Financial Transactions 6. Bought goods worth Rs 20,000. Paid full measurement in cash. 7. Sold goods for Rs 30,000. Cash real Rs 20,000 8. Took a bestow of Rs 500,000 9. Agreed to deal goods worth Rs. 40,000.

Agreed that 50% wages would be do at the time of delivery and the balance after 45 days. 10. Received the goods as mentioned in the exploit above. Prepared for class discussion by Dr. Shilpa Dalvi 8 Financial Item -- rent ?Rent paid Rs. 20,00 0 ?Rent received Rs. 20,000 ?Rent paid in a! melioration 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 barbel Due but not Received ASSET...If you want to run low a full essay, order it on our website: BestEssayCheap.com

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