Accountancy, asked by amangarnayak003, 3 months ago

what are accounting defination

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Answered by amangarnayak04

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.

Explanation:

Answered by Anonymous

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.

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