Accountancy, asked by kmkumarmukesh342, 7 months ago

What is Account Explain​

Answers

Answered by XxItzhearthakkerxX
48

Answer:

An account is a record in an accounting system that tracks the financial activities of a specific asset, liability, equity, revenue, or expense. ... Each individual account is stored in the general ledger and used to prepare the financial statements at the end of an accounting period.

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