Question

Define Accounting. Write any two features of accounting.​

Answer 1

Answer:

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.

Answer 2

Answer:

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