Business Studies, asked by garry1235, 9 months ago

Explain Financial Accounting​

Answers

Answered by amani11
30

Answer

  • Financial accounting is one of the branch of the Accounting which involves a process of recording, summarizing, and reporting the myriad of transactions resulting from business operations over a period of time.
  • The main objective of financial accounting is to accurately prepare an organization's financial accounts for a specific period.

Hope it helps you

Answer-By@Amani11

Answered by sufi67
2

Answer:

Financial accounting is a specific branch of accounting involving a process of recording , summarizing and reporting the myried of transaction resulting from business operation over a period of time

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