Accountancy, asked by nav18, 1 year ago

what is financial accounting

Answers

Answered by salonisy1704

''Accounting is the process of identifying, measuring, recording and communicating economic information to permit informed judgements and decisions by the users of information.''

cordialabhinandKUMAR: financial accounting refers to accounting related with procurement and utilisation of finance in a optimum way and source....

Answered by FuzzieGirl

Answer:

Financial Accounting

Financial Accounting is a means of communication and art of classifying and summarising the the transactions in monetary terms,

which communicates the results of business operations to various parties interested in or connected with the business enterprise

such as owners, creditors, investors, banks , financial institutions, Government and other agencies.

hope it may help you...

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