Accountancy, asked by clamo, 8 months ago

define accounting and write the features of accounts. ​

Answers

Answered by swathy269
2

Answer:

Accounting is the process of recording financial transactions pertaining to a business. The accounting process includes summarizing, analyzing and reporting these transactions to oversight agencies, regulators and tax collection entities.

Explanation:

hope this helps u

Answered by Anonymous
10

Hii mate !!!

Accounting is defined as a process of record keeping of all financial transactions in a business. In business, every transaction is expected to be recorded. ... Sometimes accounting is also defined as the process of collecting, recording, studying, and reporting the financial transactions of an organization

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