Accountancy, asked by fayaz323, 1 year ago

what are the uses accounting information

Answers

Answered by nishantrawat98pe8847
2

The accounting equation is used in double-entry accounting. It shows the relationship between your business's assets, liabilities, and equity. By using the accounting equation, you can see if your assets are financed by debt or business funds.

Answered by Anonymous
0
Financial accounting information is used for decision making by external uses, such as investors and creditors
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