Question

Define accounting.explain
the major
Processes in Accounting?​

Answer 1

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.

Answer 2

Answer:

Here's ur Answer Mate:-

• Accounting is the process of managing the income and expenses of a business.
• Manage your accountancy needs with a comprehensive accounting system such as Debitoor. Start today. The process of recording and summarising financial transactions is known as 'bookkeeping'.

Hope it helps uh!