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Accounting Essay Writing Service in the UK

It is concerned with the maintenance of accounts to design the system of records and prepare the records of the recorded data. You can contact the accounting essay writing service, for more information regarding accounting.<br>Visit Now - https://www.myassignmentservices.co.uk/accounting-essay-help.html

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Accounting Essay Writing Service in the UK

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  1. accounting essay writing service in the UK MY ASSIGNMENT SERVICES

  2. What is Accounting? • It is concerned with the maintenance of accounts to design the system of records and prepare the records of the recorded data. • The accounting system involves the collection of data, summarizing, and reporting of monetary terms about the business. • The purpose of accounting is to analyze expenditure on the cost of the products. • Seeks and emphasises the importance of human resource management in the earning process. • Concerned with the assets and profit of the monetary unit of the company.

  3. What is the classification of assets? • As per the experts of accounting essay writing service in the UK- Assets that are required for long- term use in the business are called fixed assets. • Assets that can be converted into cash can be called as a liquid asset. • Fictitious assets are loss of issue of shares and expenses. • No physical existence is called as an intangible asset. • Wasting assets are those which can be consumed by the work.

  4. What are the types of capital? • Capital can be classified into fixed capital and working capital. • The amount invested in acquiring fixed assets can be termed as fixed capital. • The amount of capital available in the firm is called working capital.

  5. What are the types of liabilities? • Liabilities can be classified as fixed and contingent liabilities: • Liabilities spay for the long period called as fixed liabilities. • Liabilities payable in a year are termed as current liabilities. • Future events occur that are not certain can be called as a contingent liability.

  6. What are the types of transactions? • Cash transaction can be called when the involvement of cash occurs. • Credit transactions either paid or received and are not in the form of cash. • Non- cash transactions involve when payment of cash doesn’t arise. Note: You can contact at accounting essay writing service, for more information regarding accounting.

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