Do you think that Accounting is necessary for a business organization? Why? Substantiate your view.
Answers
Answered by
2
Answer:
yes, accounting is necessary for a business enterprise
Explanation:
it ascertains the profit and losses of the firm, we know that a business enterprise runs for incentive
it analyses the financial position of the enterprise. We can compare our enterprise to the other firms who are selling similar type of product through financial statements
we can make a systematic records of all the business transactions which helps us to know the expenses incurred and incomes gained
it help the interested parties such as creditors and suppliers to know the creditworthiness of our firms
Answered by
0
Answer:wowowowoowowowoowowowowoowowowowowowowoowowowowowowowowoowowowowoowowowowowowowowowowExplanation:
Similar questions