Question

explain any three points of uses of accounting​

Answer 1

Answer:

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Explanation:

Accounting information is used to prepare financial statements. Financial statements report on a company's position for a specific time period. ... The most common statements are the income statement, balance sheet, cash flow statements and the statement of retained earnings.

Answer 2

Answer:

Accounting information is used to prepare financial statements. Financial statements report on a company's position for a specific time period. The most common statements are the income statement, balance sheet, cash flow statements and the statement of retained earnings.

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