Questions What is accounting? Briefly describe the benefits of accounting records. Also, Discuss following elements of accounting Assets i. Liabilities 11. Equity iii. Incomes iv. RONZS from the folloy Expense
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6 Benefits of Studying Accounting
You'll Be Able to Manage Your Own Finances More Effectively. ...
You'll Gain An Understanding of Current Events. ...
You'll Be Able to Make More Meaningful Contributions at Work. ...
You'll Be Primed for Entrepreneurial Success. ...
You'll Have Career Advancement Opportunities.
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Accounting is the process of recording financial transactions pertaining to a business. The accounting process includes summarizing, analyzing, and reporting these transactions to oversight agencies, regulators, and tax collection entities
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