Question

state any 5 advantages of accounting​

Answer 1

Question⤵️ : -

state any 5 advantages of accounting

➠Aɳʂɰᶓɾ

Advantages of Accounting : - ⤵️

• Maintenance of business records.

• Preparation of financial statements.

• Comparison of results.

• Decision making.

• Evidence in legal matters.

• Provides information to related parties.

• Helps in taxation matters.

• Valuation of business.

Answer 2

Answer:

Some of the advantages of accounting are as follows:

Complete and Systematic Record: ...

Determination of Selling Price: ...

Valuation of the Business: ...

Helps in Raising Loan: ...

Evidence in Court of Law: ...

In Compliance of Law: ...

Inter-Firm or Intra-Firm Comparison: ...

Facilitates Audit

Explanation:

Mark me as a brainliest plz