Question

what is meant by accountancy​

Answer 1

Explanation:

• Accounting is the process of systematically recording, measuring, and communicating information about financial transactions.

• measuring, and communicating information about financial transactions.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.

Answer 2

Answer:

Accountancy is the process of managing the income and expenses of a business. Manage your accountancy needs with a comprehensive accounting system such as Debitoor. Start today. The process of recording and summarising financial transactions is known as 'bookkeeping