1. The process of accounting starts
with
and ends with
*
Identifying, Measuring
Measuring, Recording
O Recording, Communicating
Identifying, Communicating
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Answer:
Bookkeeping involves identifying, measuring, recording & classifying financial transactions in the ledger accounts. In addition to bookkeeping, Accounting also includes summarizing, interpreting and communicating the financial data to the users of financial statements.
Explanation:
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