Question

what are the objective of accounting​

Answer 1

Answer:

In a practical sense, the main objective of financial accounting is to accurately prepare an organization's financial accounts for a specific period, otherwise known as financial statements. The three primary financial statements are the income statement, the balance sheet and the statement of cash flows

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Answer 2

Explanation:

to know profit and loss of business

to know growth or downfall of business

to know assets and liabilities worth of business