Economy, asked by HaRsHiT9499, 11 months ago

guys what is meant by accountancy​

Answers

Answered by debasish28061971
1

Answer:

It is a systematic process of identifying, recording, measuring, classifying, verifying, summarizing, interpreting and communicating financial information. It reveals profit or loss for a given period, and the value and nature of a firm's assets, liabilities and owners' equity.

Answered by priyajyothsna1011
0

Explanation:

accountancy is the practice of recording, classifying and reporting on businesses transcations for a business.

it provides feedback to management regardingthe financial resultsand status of an organisarion

Hope you understand

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