Question

what are fundamental of accounting​

Answer 1

Answer:

Fundamentals of Accounting: Meaning, Principles, Categories, and Statements. Accounting is the procedure of data entry and recording, summarising, analyzing, and then reporting. ... Operations of a business entity over an accounting period, generally a year, are keys to prepare financial statements.

Explanation:

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Answer 2

Answer:

The three major elements of accounting are: assets, liabilities, and capital. These terms are used widely so it is necessary that we take a look at each element.

Explanation:

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