Question

Reporting currency is the currency used
a)In recording the financial transactions
b)in presenting the ancial statements
c)In setting the financial transactions
d)in presing debtors schedules​

Answer 1

Answer:

Accounting is the process of recording financial transactions pertaining to a business. ... The financial statements used in accounting are a concise summary of financial transactions over an accounting period, summarizing a company's operations, financial position and cash flows.