give five point in support of the need for accounting.
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1. human memory is limited
2. provides information to owners
3. it helps to find financial position of the business
4. helps in fulfilling tax formalities
5.helps to determine liquidity position of the business
2. provides information to owners
3. it helps to find financial position of the business
4. helps in fulfilling tax formalities
5.helps to determine liquidity position of the business
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