AIOU Solved Assignment 1 Code 438 Spring 2017 - AIOU Assignments


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AIOU Solved Assignment 1 Code 438 Spring 2017




AIOU Solved Assignment 1 Code 438 Spring 2017

AIOU Solved Assignment 1 Code 438 Spring 2017. Aiou solved assignment 1 code 438 Spring 2017 principles of accounting for B.Com students. This is aiou solved assignment 1 for B.Com code 438 for the semester Spring 2017. Following words used for google tags:-

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Principle of Accounting 438-1st B.Com Spring 2017 Q No 1: (i) Define Accounting. Distinguish between Book keeping and Accounting. (ii) What is a Journal? Explain its objectives and main features. Answer: (i) Accounting: Accounting is the systematic and comprehensive recording of financial transactions pertaining to a business. Accounting also refers to the process of summarizing, analyzing and reporting these transactions. The financial statements that summarize a large company’s operations, financial position and cash flows over a particular period are a concise summary of hundreds of thousands of financial transactions it may have entered into over this period. Accounting is one of the key functions for almost any business; it may be handled by a bookkeeper and accountant at small firms or by sizable finance departments with dozens of employees at larger companies.

AIOU Solved Assignment 1 Code 438 Spring 2017

Book-keeping: Bookkeepers record financial transactions in chronological order on a daily basis. Because accounting software automates many of the processes, some bookkeepers in small organizations also classify and summarize financial data in financial reports. These bookkeepers are often referred to as full-charge bookkeepers. They make higher salaries than bookkeepers but lower salaries than accountants. This Complete solved assignment 1 for code 438.

Now you students please find here full solved assignment for code 438 principles of accounting for the semester Spring 2017.

AIOU Solved Assignment 1 Code 438 Spring 2017 FOR B.COM

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AIOU Solved Assignment 1 Code 438 Spring 2017

AIOU Solved Assignment 1 Code 438 Spring 2017

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AIOU Solved Assignment 1 Code 438 Spring 2017

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AIOU Solved Assignment 1 Code 438 Spring 2017

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AIOU Solved Assignment 1 Code 438 Spring 2017

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