Question

meaning, definition and features of accounting?(in brief)​

Answer 1

Answer:

Accounting is defined as a process of record keeping of all financial transactions in a business. In business, every transaction is expected to be recorded. ... Sometimes accounting is also defined as the process of collecting, recording, studying, and reporting the financial transactions of an organization.

Answer 2

Answer:

Accounting or accountancy is the measurement, processing, and communication of financial and non financial information about economic entities[1][2] such as businesses and corporations. Accounting, which has been called the "language of business",[3] measures the results of an organization's economic activities and conveys this information to a variety of users, including investors, creditors, management, and regulators.[4] Practitioners of accounting are known as accountants. The terms "accounting" and "financial reporting" are often used as synonyms.

Explanation:

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