Accountancy, asked by amritrajputana, 4 months ago

is accounting science or an art ?​

Answers

Answered by vardhan67
11

Answer:

accounting is both an art as well as science. It is an art as it records, classifies and summarises the financial transactions which helps in understanding the profitability and financial status of the business. Accounting is also a science as it is structured knowledge based on certain basic principles.

Answered by riya3227
0

Answer:

Yes, accounting is both an art as well as science. It is an art as it records, classifies and summarises the financial transactions which helps in understanding the profitability and financial status of the business. Accounting is also a science as it is structured knowledge based on certain basic principles.

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