Question

ADVANTEG OF ACCOUNTING
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Answer 1

Explanation:

1. Advantages of Accounting
2. Maintenance of business records.
3. Preparation of financial statements.
4. Comparison of results.
5. Decision making.
6. Evidence in legal matters.
7. Provides information to related parties.
8. Helps in taxation matters.
9. Valuation of business.

Answer 2

Answer:

1.ᴠᴀʟᴜᴀᴛɪᴏɴ ᴏғ ᴛʜᴇ ʙᴜsɪɴᴇss

2.ʜᴇʟᴘs ɪɴ ʀᴀɪsɪɴɢ ʟᴏᴀɴ

3.ᴇᴠɪᴅᴇɴᴄᴇ ɪɴ ᴄᴏᴜʀᴛ ᴏғ ʟᴀᴡ

4.ɪɴ ᴄᴏᴍᴘʟɪᴀɴᴄᴇ ᴏғ ʟᴀᴡ

5.ɪɴᴛᴇʀ-ғɪʀᴍ ᴏʀ ɪɴᴛʀᴀ-ғɪʀᴍ ᴄᴏᴍᴘᴀʀɪsᴏɴ

6.ғᴀᴄɪʟɪᴛᴀᴛᴇs ᴀᴜᴅɪᴛ

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