Business Studies, asked by guddetilaxman4u, 1 month ago

accounting is done form the point of​

Answers

Answered by parimeshram08
3

Answer:

What is the Purpose of Accounting? The purpose of accounting is to accumulate and report on financial information about the performance, financial position, and cash flows of a business. This information is then used to reach decisions about how to manage the business, or invest in it, or lend money to it.

Explanation:

Answered by cutearmyblink
3

Answer:

The purpose of accounting is to accumulate and report on financial information about the performance, financial position, and cash flows of a business. This information is then used to reach decisions about how to manage the business, or invest in it, or lend money to it.

Explanation:

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