what is accountancy what it's mean
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Accountancy is the practice of recording, classifying, and reporting on business transactions for a business. It provides feedback to management regarding the financial results and status of an organization.
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Ans. Accountancy is a process of identifying the event of financial nature, recording them in a journal, classifying in thier respective ledgers, summerrising them in profit and loss account and balance sheet and communicating results to the users of such information, government, credits, investors etc.
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