Accountancy, asked by aaryandixit30, 4 months ago

• Explain the term Account and discuss its
im porence and uses al different organization​

Answers

Answered by Anonymous
5

Answer:

A record or statement of financial expenditure and receipts relating to a particular period or purpose is called Account.

Accounting plays a vital role in running a business because it helps you track income and expenditures, ensure statutory compliance, and provide investors, management, and government with quantitative financial information which can be used in making business decisions.

Answered by Anonymous
0

Answer:

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Explanation:

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