Question

what is nature of accounting​

Answer 1

Answer:

Accounting is art of recording, classifying, summarizing in a significant manner and in terms of money, transactions and events which are, in part at least, of financial character and interpreting the results thereof. Quantitative Attributes of Accounting. ... Qualitative Attributes of Accounting.

Answer 2

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QUESTION:

what is nature of accounting

ANSWER:

Nature of Accounting:

➡️We know Accounting is the systematic recording of financial transactions and presentation of the related information of the appropriate persons. ...

➡️Accounting is identified as a process as it performs the specific task of collecting, processing and communicating financial information.