Accountancy, asked by Anonymous, 1 year ago

what are the advantages of accounting..


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Answers

Answered by Anonymous
19
• Helps in systematic record of transactions
• helps to calculate profit and loss.
•helps to ascertain year to year progress.
.protect from frauds and errors

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Answered by kuldeepkauraujla1976
30
hey mate here is answer.,...

Advantages of Accounting:-
Accounting helps to maintain the business records in a systematic manner. It helps in the preparation of financialstatements. Accounting information is also used to compare the result of current year with the previous year to analyze the changes.

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