Q 1 Define Accounting and write function of Accounting
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Definition: Accounting is a process, which systematically and comprehensively records business events and transactions, and translates it into the financial information of the business entity to assist the stakeholders in the decision-making process.
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53
Answer:
Accounting is a process, which systematically and comprehensively records business events and transactions, and translates it into the financial information of the business entity to assist the stakeholders in the decision-making process.
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