Question

what is accountancy state it's features?

Answer 1

accountancy is the measurement,processing and recording of business transactions in form of records because in a business there are numerous monetary transactions on daily basis which are very important to keep in a proper form through calculations so that we can estimate if we have earned a profit or a loss at an year end.it is impossible for human mind to remember year long monetary transactions which are in lace or more.this,a proper method of book keeping and calculating profit and loss was introduced.now we can do all accounting recording through computers and online records.
the various features of accountancy are as under
1)recording
2)classifying
3)summerising
4)interpreting

Answer 2

see the attachment (◕ᴗ◕✿)(◕ᴗ◕✿)(◕ᴗ◕✿)(◕ᴗ◕✿