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INTRODUCTION TO FINANCIAL ACCOUNTING
| Institution | MASENO UNIVERSITY |
| Course | BCOM |
| Year | 1st Year |
| Semester | Unknown |
| Posted By | Mwalimu Evans Okoyo. |
| File Type | |
| Pages | 16 Pages |
| File Size | 551.92 KB |
| Views | 5928 |
| Downloads | 1 |
| Price: |
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Description
Accounting is the art of recording, classifying and summarizing in a significant manner and in terms of money the transactions and events which are in part at least of a financial character and the interpretation of the results thereof.
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applied in explaining phenomena like eclipse, lightning, rainbow, mirage and
many other wonders of nature. Physics explains the how and why behind the:
• falling of bodies towards the ground.
• daily occurrence of tides in the sea.
• rising up of a liquid through a drinking straw.
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