Question

explain briefly the advantages of accountancy​

Answer 1

Ello ✌️

here is ur answer...

Advantages of Accounting:

☺️Accounting helps to maintain the business records in a systematic manner.

☺️It helps in the preparation of financial statements.

☺️Accounting information is also used to compare the result of current year with the previous year to analyze the changes.

☺️It helps in valuation of business.

hope it helps....❤️

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Answer 2

Accounting helps to maintain the business records in a systematic manner. It helps in the preparation of financial statements. Accounting information is also used to compare the result of current year with the previous year to analyze the changes. ... It helps in valuation of business.

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