Accountancy, asked by varshakh2711, 19 days ago

definition of accounting? Draw the diagram of accounting process.​

Answers

Answered by hjeet176kaur
2

Answer:

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

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Answered by Anonymous
2

Answer:

  • Accounting is the process of recording financial transactions pertaining to a business. ... The financial statements used in accounting are a concise summary of financial transactions over an accounting period, summarizing a company's operations, financial position, and cash flows.

Explanation:

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