Briefly explain any three objectives of accounting.
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Objectives of accounting in any business are; systematically record transactions, sort and analyzing them, prepare financial statements, assessing the financial position, and aid in decision making with financial data and information about the business.
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Objectives of accounting in any business are; systematically record transactions, sort and analyzing them, prepare financial statements, assessing the financial position, and aid in decision making with financial data and information about the business.
Explanation:
The main object of Accounting is to ascertain the results of the financial transactions of a business concern.
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