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Different types of account
Accounting is divided into six different branches:
- Financial.
- Management.
- Tax accounting.
- Fund accounting.
- Auditing.
- Forensic accounting.
Financial Accounting:
When it comes to financial accounting, our account types homework help service will give a proper explanation to the subject. The financial status of a company can be analyzed through afinancial statement. Financial reports can offer proper guidance on business operations. The financial accounting consists of:
- Balance sheet.
- Income Statement.
- Declaration of cash flow.
Management Accounting:
Accounting can be a method of managing all kind of financial reports. Financial decisions can be easily taken through the reports. There is a chance of getting flawless Account types homework help is achieved through myhomeworkhelp.com through our online providers.
Balance sheet in accounts
Myhomeworkhelp.comwill give you knowledge of assets and liabilities of accounts.
- Assets a/c:
- Liabilities a/c:
It is the account head that would record different information that would be related to assets of the organization. The real and personal accounts will represent debtors.
It is the account head that would record information all kind of liabilities of theorganization. The liabilities would be of personal accounts that would represent owned and loaned capital.
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