Accountancy, asked by anua24927, 1 month ago

10 Klhat are the majör components of financial
accounteng ?​

Answers

Answered by rajkatyayan29
1

Answer:

The Financial Accounting Standards Board (FASB) has defined the following elements of financial statements of business enterprises: assets, liabilities, equity, revenues, expenses, gains, losses, investment by owners, distribution to owners, and comprehensive income.

Answered by anishauma81
0

Answer:

5 basic components of financial system

. Financial institutions

. Financial markets

. Financial instruments

. Financial services

. Money

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