What do you mean by accounting explain the advantage of accounting?
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Accounting is the procedure for recording the transactions in a business.
Advantage of accounting :It helps us to find out the profit or loss for the year ended.
Advantage of accounting :It helps us to find out the profit or loss for the year ended.
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Accounting is the process of recording financial transactions pertaining to a business. The accounting process includes summarizing, analyzing, and reporting these transactions to oversight agencies, regulators, and tax collection entities.
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