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 According to you, what is financial accounting?

Financial accounting is an essential business process that enables professionals to understand the finances of their business. Enables transparency, data-driven decision-making and improved profitability

 

Do you know any of the accounts used in financial accounting?

Financial accounting determines the general result of a company and recognizes all income and expenses; it states which services have been created at what cost and what exactly the costs were for. Financial accounting includes accounts payable, accounts receivable, and payroll and financial accounting.

1- Income and expense accounts.

 

2-accounting the basis of a company

 

3-capital and equity expenses

1- Financial accounting is the basis of every company, it is the one that handles each record both as input and output both in cash and in merchandise. is in charge of every financial movement of a Company.

 

2- There are two basic types of accounts for the financial accounting of a company: The balance sheet accounts that reflect: equity, equity and debt. Income and expense accounts.

1. Listen

 cash equivalent

 

2. Listen

 merchandise

 

3.operating cycle

1. Financial accounting is a discipline that consists of collecting, ordering and recording information on the economic activity of a company.

 

2.The balance sheet accounts that reflect: equity, own capital and debts.

Income and expense accounts.

I really like current accounting

 

I want to work in an excellent company

Financial accounting determines the overall result of a company and recognizes all income and expenses; it establishes which services have been created at what cost and what exactly the costs were for. Financial accounting includes accounts payable, accounts receivable, and payroll and financial accounting.

 

 

Asset Accounts: Asset accounts represent all assets and rights owned by an economic entity such as banks, cash, furniture and wax.

 

Passives. They are all the obligations that the company has against third parties such as suppliers, banks or other creditors.

1. they learn asset and liability accounts for evaluation.

 

2. I am studying accounting to work in a company.

 

3. I am working as an administrator in the JC company.

1. what is financial accounting?

The Financial accounting is a discipline that consists of collecting, ordering and recording information on the economic activity of a company.

 

2. Do you know any of the accounts used in financial accounting?

Real or balance accounts

They include the accounts that record the assets, rights and obligations of the company, that is, its assets, liabilities and capital.

Nominal or result accounts

They are the accounts that represent income and expenses, and that make up the Income Statement or Profit and Loss Statement.

and gutters of

Income, Costs

and Expenses

1. I'm having trouble understanding some financial accounting concepts.

 

2. When you are creating financial statements, you always have to consider two types of assets: current and non-current.

1. What is financial accounting?

It is the field of accounting that is responsible for summarizing, as well as analyzing and reporting financial transactions belonging to a business. This implies the preparation of the financial accounting statements available for public consultation.

 

2. Do you know any of the accounts used in financial accounting?

basic types of accounts for the financial accounting of a company: The balance sheet accounts that reflect: equity, equity and debt. Income and expense accounts.

Current Assets