Accountancy, asked by sharmapoornima203, 5 months ago

give any two defentions of accounting​

Answers

Answered by Anonymous
19

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1 : the system of recording and summarizing business and financial transactions and analyzing, verifying, and reporting the results also : the principles and procedures of this system studied accounting as a freshman. 2a : work done in accounting or by accountants.

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Answered by BrainlyDevilX
0

Answer:

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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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