Accountancy, asked by joshuamessi32, 4 months ago

what is meant by account system

Answers

Answered by zaidiqureen

1

Answer:

Account System

Explanation:

An accounting system allows a business to keep track of all types of financial transactions, including purchases (expenses), sales (invoices and income), liabilities (funding, accounts payable), etc. ... However, historically, accounting systems were a complex series of manual calculations and balances.

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