User:Abhishek130997

Accounting is not only recording a event of business (generally called transaction), It is the way how which a person record so that another person having interest in that can interpret that in the same manner as it means. Definition of Accounting is easily understandable but the concept behind that is not restricted up to the periphery of words but in reality " It is the encoding of transaction with rules so that everyone decodes it in the same manner"