Who is father of the accounting
Q: Responsibilities of an accountant
A: Accountant: An Accountant is a professional who is responsible for keeping and interpreting…
Q: History of accounting?
A: What's the essence of the Accounting Profession ? :- it hasn't changed much over the time.…
Q: Who is the Father of Accounting? b)…
A: Fra Luca Bartolomeo de Pacioli is the father of Accounting.
Q: What are some accounting-related professions?
A: Definition: Accounting: Accounting is a system, or a process of collecting and organizing economic…
Q: What is a Entrie Journal in accounting
A: Accounting refers to the process of recording, classifying, and summarizing business transactions of…
Q: How to do accounting
A: Accounting involves the recording, posting, summarizing the financial transactions and making useful…
Q: consulting revenues under the accrual basis of accounting
A: Under accrual basis of accounting, revenue should be recognized when the right to receive it has…
Q: Why there is branches of accounting
A: Accounting is the procedure of analyzing, recording, classifying, and summarizing the accounting…
Q: assume that you had to explain to a friend or family member (with no accounting background) the…
A: solution concept accounting cycle The accounting cycle means a cycle where the whole process of…
Q: Question 4: a) Who is the Father of Accounting? b) Explain his contributions?
A: Accounting is the recording, summarising, and communicating the financial information of the…
Q: What is accounting own words
A: Introduction:- Accounting may be defined as the process of recording and summarizing business and…
Q: Identifying users of accounting information For each of the users of accounting information,…
A: Internal decision maker: The users who are part of the company and are interested in the details of…
Q: How would you define the fundamental accounting equation
A: Fundamental Accounting Equation: The "basic accounting equation' refers to the mathematical equation…
Q: Tell me Features of accounting?
A: Accounting process starts with the process of maintaining books of accounts. Relevant business…
Q: accounting will help in your personal and professional life
A: Accounting is an often overlooked career, and yet it is a skill that’s used regularly in daily life.…
Q: What function does the Accounting Information System perform today
A: The functions of Accounting Information System is enumerated as below: Reporting to Management:…
Q: MCQS: External reporting is the result of? (a) Financial accounting (b) Management…
A: “Since you have asked multiple question, we will solve the first question for you. If you want any…
Q: What are the possible careers for someone skilled enough in accounting information system
A: The accounting profession has evolved from simple tax preparation and bookkeeping to the advanced…
Q: Describe a situation in which you may use accounting as a non-accountant
A: This question tells about a situation in which you may use accounting as a non-accountant.
Q: Who is the father of Accounting and why he was called the father?
A: Accounting is a process to identify the business transactions, record the transactions and prepare…
Q: What is an accountant
A: Lets start with basic understanding of term accountant. An accountant is a person who, Records all…
Q: Role of accounting officer
A: An accounting officer is a person who is responsible for the financial record keeping of the…
Q: Who are the èxternal user's of accounting information
A: The accounting information is used by the external user and internal user. The External users are…
Q: PURPOSE OF ACCOUNTING Describe the kind of information needed by the users listed.Owners (present…
A: Accounting serves the purpose of rendering the required information to different users of financial…
Q: What is accounting and what are your learnings about it?
A: Account: It is often defined as a record maintained in the general ledger of the company and used to…
Q: What are the importance of Accounting in our life? How Accounting affects the modern life and Is…
A: Answer: In todays world everything is defined in numbers. Accounting is not just a subject but it is…
Q: what constitute "ginhawa ng buhay" for an accountant
A: Answer: "ginhawa ng buhay" is Filipino word which means Comfort for life. Accountant is itself is…
Q: efine what is accounting? How accounting used in our daily activities? What is the nature of…
A: Accounting has emerged as a subject for students that can be used in wide range of activities, say…
Q: What are the major contribution of Luca Pacioli to the development of accounting?
A: Luca Pacioli presented the use of journals and ledgers in accounting processes, emphasizing the…
Q: Which of the following is NOT related to accounting? O a. Management accounting O b. Financial…
A: Accounting:- Accounting includes recording of business transactions. Under accounting, the…
Q: Identifying users of accounting information For each user of accounting information, identify if the…
A: Financial accounting: Financial accounting is the process of recording, summarizing, and reporting…
Q: Which of the following is typically required for entry-level positions in the accounting profession?
A: Since the options are missing, it is assumed that the following are the options: (a) Master's degree…
Q: Why is it important for any person (other than accountants) to know the basics of accounting?
A: Accounting: Accounting is a system, or a process of collecting and organizing economic transactions,…
Q: a) Who is the Father of Accounting? b Explain…
A: Accounting is the process of recording financial transactions of a business and includes…
Q: dentify TWO external users of accounting information and explain how that accounting information…
A: Financial statement means the statement including income statement , balance sheet , cash flow…
Q: How would you define the accounting equation
A: Accounting is described as the process of obtaining, documenting, summarizing, evaluating, and…
Q: Example of a accounting equation
A: The fundamental accounting equation is mathematically expression derived from the principle of the…
Q: Which came first? Accounting regulations or the need for accounting regulations? Explain.
A: Accounting regulations are important part of accounting and regulation of accounting make accounting…
Q: what is the importance of accounting?
A: Accounting principles are a set of general rules and recommendations that businesses must follow…
Q: Rights of an accountant
A: An accountant is a person who is in charge of maintaining and analyzing financial records. Whether…
Q: What impact will creative accounting have on the accounting profession and annual statements?
A: Accounting refers to the process of systematic recording, analysis, and verifying of all the…
Q: What is the importance of Accounting's definition, nature, history, and internal users of its…
A: Accounting information consist of accounting data evaluation, assessment and final result. Financial…
Q: The Accounting Cycle
A: Answer: (1). The Accounting Cycle It is a collection of processes such as identify transactions,…
Step by step
Solved in 2 steps
