8. Explain about company accounts.

1.	8. Explain about company accounts.
Answer» ong>Answer: For showing the revenue and financial performance of company , Accountant maintains company accounts .All company accounts are made in Corporate accounting . We can DEFINE it as RECORDING of issue of equity and pref. shares , debentures , bonus and right shares . It is also duty to maintain all routine accounts like sole trade and partnership firm . In normal transactions , we can include PURCHASE , sale , RECEIPT and payment transactions and it is recorded in journal first and after posted it to ledger of Company accounts . Company accounts are also helpful for making company's final ACCOUNT . Explanation: Hope it's helpful for you!

Answer»

ong>Answer:

For showing the revenue and financial performance of company , Accountant maintains company accounts .All company accounts are made in Corporate accounting . We can DEFINE it as RECORDING of issue of equity and pref. shares , debentures , bonus and right shares . It is also duty to maintain all routine accounts like sole trade and partnership firm . In normal transactions , we can include PURCHASE , sale , RECEIPT and payment transactions and it is recorded in journal first and after posted it to ledger of Company accounts . Company accounts are also helpful for making company's final ACCOUNT .

Explanation:

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