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Live Web Tutors has been providing 24/7, Online Accounting Assignment Help over a decade. Our Experts helps the students to solve their queries ranging from simple topics to the complex ones. The Homework help team of Live Web Tutors has expert tutors of Accounting who are highly qualified and trained in their jobs having years of experience.
Due to their expertise and excellence in the knowledge, they serve the students with fast and accurate answers. For over a decade accounting assignment help from us has been used by a large number of students of accounting to get quick and accurate help on time. This has turned Live Web Tutors into one of the most trusted and preferred Homework Help destinations for the students of Accounting.
The process of identifying, measuring, recording and communicating the required information related to the economic events of an organization to the interested users is known as accounting. Accounting is also known as the language of business. At the end of each year, businessmen want to know whether they have earned profits or incurred losses during the year. They want to know how much they owe and the amount owed to them etc. To attain such information related to the business, it becomes important to keep a systematic record of each and every transaction of business during the year. If the businessmen keep a complete systematic record, he can know his purchases, sales, expenses during the year.
Also, with this recorded information the financial position of the business can be ascertained for example the proportion of assets, amount to be received, amount to be paid, an amount of capital at the end of the year. When the accounts are maintained properly they prove to be very helpful in the assessment of sales tax, income tax as they are accepted as a proof in the eyes of law and courts.
System of Accounting
(1) Double Entry System: It consists every transaction having two- fold effect on the business i.e. debit and credit. A transaction is recorded once on the debit side and again on the credit side. Both the aspects are recorded. This system of accounting proves to be a complete accounting system which is followed by every enterprise.
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01 Jul 2020
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Accounting is a broad subject and involves the quantification of data in line with the situation of a business or an organization. It helps in translating the day-to-day transactions of the business that takes place on a consistent basis and the position of a business on a set date.
Assignments of Accounting are quite complex in nature, and as one figure or transaction has a pervasive effect over all the further transaction, one mistake is capable of ruining the entire sum. So, to save oneself of time and money, the student should avail the services of tutoring services such as LiveWebTutors.
Accounting depends upon the legislature and rules specific to the countries. Thus, native experts are required to solve the problems related to accounting. We have experts from Australia, the UK, and the US to fulfil the needs of our students in all respects. And, as we seek the best quality in our assignments, we get the best results too.
Commerce is one of the most sought after streams for students and every year thousands of students pursue it to make a career in this domain. But, to distinguish itself from the crowd, it is quite necessary to have the best paper to prove your mettle. So, availing an expert service is a great way to clear the chances of success.