Question

List out any two functions of accounting?

Answer 1

Answer:

I hope it's helps you. Thank you

Answer 2

Answer:

1. Measurement and  

2. Forecasting

1. Measurement: The main function of accounting is to keep systematic record of transactions, post them in the ledger and ultimately prepare the final accounts

. 2. Forecasting: With the help of the various tools of accounting, future performance and financial position of the business enterprises can be forecasted.Read