Harrahs Crm Success Story
Autor: Gaurav Yadav • April 20, 2017 • Course Note • 7,252 Words (30 Pages) • 654 Views
Date: 21st March 2017
ACCOUNTING
Accounting is art of recording, classifying, summarizing and interpretation of results.
Accounting is a process of recording the financial Transactions.
E.g. Recoding a daily expense for a home maker is an accounting statement for his home.
Business |
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[pic 1] |
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Journal |
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[pic 2] |
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Ledger |
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[pic 3] |
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Trial Balance |
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[pic 4] |
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Balance Statement / Income statement/ Profit & Loss Statement | |||
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Assets is what we own.
Liability is what we owe.
Free cash is wealth owned without any obligations.
Wealth Creation.
The company is an Artificial Person.
Purpose of Lending Money are
- Returnable
- Non-Returnable
The Same money can be used in Business startup or Expansion or for an operational expense.
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