Accountancy, asked by Sharmagaurav7451, 1 year ago

What do u understand by the term accountancy

Answers

Answered by blackmask766
0
Accounting is an art of recording,classifying, and summarizing in a significant manner and in the term of money,transaction and events which are,in part,at least,of a financial character,and interpretation the results thereof

The Accounting Equation is Assets = Liabilities + Equity. With accurate financial records, the equation balances.
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