Question

it's urgent please give answers fast
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Answer 1

1. Accounting is the process of recording financial transaction pertaining to a business.
2. Some of the adventages of accounting are maintenance of business records,preperation of financial statements,camparison of results.
3. One of the biggest limitations of accounting is that it cannot measures things/events that do not have a monetary value.
4. Objectives of accounting in any business are- systematically record transactions, sort and analyzing them, prepare financial statements, assesing the financial position.

Explanation:

Sorry I don't no Ans of 5.