Accountancy, asked by radhikamukheria, 7 months ago

Accounting records business transactions and events which are of financial nature . do you consider it a limitation of accounting?
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Answered by Atmika

Answer:

Accounting records business transactions and events which are of financial nature. Do you consider it a limitation of accounting? Answer: Yes, it is a limitation of accounting because there are events that have a vital bearing on the profitability of the firm and such events are ignored.

Explanation:

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Answered by Ninja1556

No its not a limitation as accounting is meant to deal in financial data only

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