: THE MAIN PURPOSE OF ACCOUNTING IS TO
1.KEEP TRACK OF THE TRANSACTIONS
2.SUPPLY THE NECESSARY INFORMATION TO THE USERS 3.FOR DECISION MAKING
PRINTING OF VOUCHERS
4.NONE OF THE ABOVE
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Answer:
Option 4
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Answer:
The main objective of accounting is to record financial transactions in the books of accounts to identify, measure and communicate economic information. Moreover, tax reporting agencies require you to keep books at a minimum level that tracks income and expenditure.
As a small business owner, it is easy to get overwhelmed by the sheer volume of financial information you must track and store. The trail to every successful small business is littered with hundreds, if not thousands or millions of transactions. Depending on your type of business, these transactions might be in paper or electronic form or both.
Explanation:
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