Question

what is the nature of accounting information?

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Answer 1

Answer:

Accounting information, (also called financial information) is the end result of accounting cycle which begins with the recording of business transactions and concludes with the production of summarized financial statements, namely, the balance sheet, the profit and loss account and statement of cash flows.

Answer 2

Answer:

Accounting information, (also called financial information) is the end result of accounting cycle which begins with the recording of business transactions and concludes with the production of summarized financial statements, namely, the balance sheet, the profit and loss account and statement of cash flows.

These four branches include corporate, public, government, and forensic accounting.

Explanation:

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