what is the account and what is the accountacy ?

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what is the account and what is the accountacy ?

2006-07-01 03:16:56 · 2 answers · asked by s.kumar 1 in Local Businesses ➔ India ➔ Delhi or NCR

2 answers

In simple words, an account is a written record of transactions taken place between two parties, whether or not for business purpose.

Accountancy is a scientific technique which guide us to maintain account(s) on the basis of prevailing laws and practices of the land.

2006-07-01 05:43:28 · answer #1 · answered by helpaneed 7 · 4⤊ 0⤋

account is just maintaing daily records of speanding &savings of ur daily records of ur transcation. &stundy of acconts es acc.ys

2006-07-03 02:26:29 · answer #2 · answered by pammi 1 · 0⤊ 0⤋