Question

explain Objectives of Accounting

Answer 1

Explanation:

13 ᴄᴏʀᴇ ᴏʙᴊᴇᴄᴛɪᴠᴇs ᴏғ ᴀᴄᴄᴏᴜɴᴛɪɴɢ. ᴏʙᴊᴇᴄᴛɪᴠᴇs ᴏғ ᴀᴄᴄᴏᴜɴᴛɪɴɢ ɪɴ ᴀɴʏ ʙᴜsɪɴᴇss ᴀʀᴇ; sʏsᴛᴇᴍᴀᴛɪᴄᴀʟʟʏ ʀᴇᴄᴏʀᴅ ᴛʀᴀɴsᴀᴄᴛɪᴏɴs, sᴏʀᴛ ᴀɴᴅ ᴀɴᴀʟʏᴢɪɴɢ ᴛʜᴇᴍ, ᴘʀᴇᴘᴀʀᴇ ғɪɴᴀɴᴄɪᴀʟ sᴛᴀᴛᴇᴍᴇɴᴛs, ᴀssᴇssɪɴɢ ᴛʜᴇ ғɪɴᴀɴᴄɪᴀʟ ᴘᴏsɪᴛɪᴏɴ, ᴀɴᴅ ᴀɪᴅ ɪɴ ᴅᴇᴄɪsɪᴏɴ ᴍᴀᴋɪɴɢ ᴡɪᴛʜ ғɪɴᴀɴᴄɪᴀʟ ᴅᴀᴛᴀ ᴀɴᴅ ɪɴғᴏʀᴍᴀᴛɪᴏɴ ᴀʙᴏᴜᴛ ᴛʜᴇ ʙᴜsɪɴᴇss.

Answer 2

Answer:

13 Core Objectives of Accounting. Objectives of accounting in any business are; systematically record transactions, sort and analyzing them, prepare financial statements, assessing the financial position, and aid in decision making with financial data and information about the business.

Explanation:

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