Question

explain defination of accounting.​

Answer 1

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

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Answer 2

Answer:

Here's ur Answer Mate:-

• Accountancy is the process of managing the income and expenses of a business.
• Manage your accountancy needs with a comprehensive accounting system such as Debitoor. Start today. The process of recording and summarising financial transactions is known as 'bookkeeping'.

Hope it helps uh!