Accountancy, asked by ahaangandhi9276, 1 year ago

define accounting explain its advantages and limitations

Answers

Answered by manishsharma1287
3

Answer:

Some of the advantages of accounting are Maintenance of business records, Preparation of financial statements, Comparison of results, Decision making, Evidence in legal matters, Provides information to related parties. Let us discuss the advantages and disadvantages of accounting in greater detail.

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