Question

Define accounting explain the major prosses in accounting​

Answer 1

Explanation:

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:

the process or work of keeping financial accounts.

"an investigation into suspected false accounting"

recording financial transactions pertaining to a business

Explanation:

Accounting, also known as, accountancy, is the measurement, processing, and communication of financial and non financial information about economic entities such as businesses and corporations.

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.