Accountancy, asked by gauravpanda, 6 months ago

what are features of accounting

Answers

Answered by Anonymous

5

Answer:

Following are the characteristics features of Financial Accounting:

Monetary Transactions: In financial accounting only transactions in monetary terms are considered. ...

Historical Nature: ...

Legal Requirement: ...

External Use: ...

Disclosure of Financial Status: ...

Interim Reports: ...

Financial Accounting Process:

Answered by ranipratap

0

Answer:

Monetary Transactions: In financial accounting only transactions in monetary terms are considered. ...

Historical Nature: ...

Legal Requirement: ...

External Use: ...

Disclosure of Financial Status: ...

Interim Reports: ...

Financial Accounting Process:

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