English, asked by banasriroy48, 1 month ago

define financial accounting and it's functions​

Answers

Answered by babydoll57
1

Answer:

Financial accounting serves the following purposes: producing general purpose financial statements. producing information used by the management of a business entity for decision making, planning and performance evaluation. producing financial statements for meeting regulatory requirements.

Answered by sheetalverma212001
0

Answer:

Financial accounting serves the following purposes: producing general purpose financial statements. producing information used by the management of a business entity for decision making, planning and performance evaluation. producing financial statements for meeting regulatory requirements.

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