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Showing posts with label advance accounting. Show all posts
Showing posts with label advance accounting. Show all posts

Saturday, 16 March 2013

Accounting(Introduction)

We live in a world where people need things from the day they are born to the day that they die.Some of these 'needs' are physical needs, a need for goods of various sorts, clothing, shelter, and so on.Some of them are emotional 'wants', a need for education, entertainment, or recreation. In satisfying such needs businessmen perforn useful services to their fellow humans. In return they expect to earn a reasonable reward for their efforts in the form of porfits.