Accountancy, asked by rajpabbala, 2 months ago

state any five advantage of accounting​

Answers

Answered by mitali6060
5

Answer:

Some of the advantages of accounting are as follows:

  1. Complete and Systematic Record.
  2. Determination of Selling Price
  3. Valuation of the Business:
  4. Helps in Raising Loan
  5. Evidence in Court of Law.
  6. In Compliance of Law
  7. Inter-Firm or Intra-Firm Comparison
  8. Facilitates Audit

Explanation:

I hope this will help you!!

Answered by rajlaxmipahi01
4

Answer:

Advantages of accounts are:⚡⚡

♥ Complete and systematic record

♥ Determination of selling price

♥ valuation of buiseness

♥ Helps in raising loan

♥ In compliance in law

♥ Evidence in court of law

Hope it helps u❄❄

Good Evening♡♡

✨✨✨✨✨✨✨

______________________________♥♥

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