explain the functions of accounting
Answers
Answered by
1
Answer:
The main functions of accounting are to store and analyze financial information and oversee monetary transactions. Accounting is used to prepare financial statements for a company's employees, leaders, and investors. Accounting also functions to ensure the payment of funds into and out of a company
hope you like it mark me as the brainliest
Answered by
7
Answer:
Recording and managing journal of all monetary transactions.
Classifying the records in different ledgers.
Summaries for hassle-free reviews.
Final accounts preparation to know the financial position of the business.
Similar questions