Social Sciences, asked by yashwanth12366, 7 months ago

Describe the need for accounting in business.

Answers

Answered by s7b1576gunjan2282

0

Answer:

Accounting plays a vital role in running a business because it helps you track income and expenditures, ensure statutory compliance, and provide investors, management, and government with quantitative financial information which can be used in making business decisions.

Explanation:

hope it will helps you dear

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