English, asked by Anonymous, 4 months ago

What is the objective of accounting???......​

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Answered by Anonymous
78

ɪɴ ᴀ ᴘʀᴀᴄᴛɪᴄᴀʟ ꜱᴇɴꜱᴇ, ᴛʜᴇ ᴍᴀɪɴ ᴏʙᴊᴇᴄᴛɪᴠᴇ ᴏꜰ ꜰɪɴᴀɴᴄɪᴀʟ ᴀᴄᴄᴏᴜɴᴛɪɴɢ ɪꜱ ᴛᴏ ᴀᴄᴄᴜʀᴀᴛᴇʟʏ ᴘʀᴇᴘᴀʀᴇ ᴀɴ ᴏʀɢᴀɴɪᴢᴀᴛɪᴏɴ'ꜱ ꜰɪɴᴀɴᴄɪᴀʟ ᴀᴄᴄᴏᴜɴᴛꜱ ꜰᴏʀ ᴀ ꜱᴘᴇᴄɪꜰɪᴄ ᴘᴇʀɪᴏᴅ, ᴏᴛʜᴇʀᴡɪꜱᴇ ᴋɴᴏᴡɴ ᴀꜱ ꜰɪɴᴀɴᴄɪᴀʟ ꜱᴛᴀᴛᴇᴍᴇɴᴛꜱ. ᴛʜᴇ ᴛʜʀᴇᴇ ᴘʀɪᴍᴀʀʏ ꜰɪɴᴀɴᴄɪᴀʟ ꜱᴛᴀᴛᴇᴍᴇɴᴛꜱ ᴀʀᴇ ᴛʜᴇ ɪɴᴄᴏᴍᴇ ꜱᴛᴀᴛᴇᴍᴇɴᴛ, ᴛʜᴇ ʙᴀʟᴀɴᴄᴇ ꜱʜᴇᴇᴛ ᴀɴᴅ ᴛʜᴇ ꜱᴛᴀᴛᴇᴍᴇɴᴛ ᴏꜰ ᴄᴀꜱʜ ꜰʟᴏᴡꜱ.

ᴏʙᴊᴇᴄᴛɪᴠᴇꜱ ᴏꜰ ᴀᴄᴄᴏᴜɴᴛɪɴɢ ɪɴ ᴀɴʏ ʙᴜꜱɪɴᴇꜱꜱ ᴀʀᴇ; ꜱʏꜱᴛᴇᴍᴀᴛɪᴄᴀʟʟʏ ʀᴇᴄᴏʀᴅ ᴛʀᴀɴꜱᴀᴄᴛɪᴏɴꜱ, ꜱᴏʀᴛ ᴀɴᴅ ᴀɴᴀʟʏᴢɪɴɢ ᴛʜᴇᴍ, ᴘʀᴇᴘᴀʀᴇ ꜰɪɴᴀɴᴄɪᴀʟ ꜱᴛᴀᴛᴇᴍᴇɴᴛꜱ, ᴀꜱꜱᴇꜱꜱɪɴɢ ᴛʜᴇ ꜰɪɴᴀɴᴄɪᴀʟ ᴘᴏꜱɪᴛɪᴏɴ, ᴀɴᴅ ᴀɪᴅ ɪɴ ᴅᴇᴄɪꜱɪᴏɴ ᴍᴀᴋɪɴɢ ᴡɪᴛʜ ꜰɪɴᴀɴᴄɪᴀʟ ᴅᴀᴛᴀ ᴀɴᴅ ɪɴꜰᴏʀᴍᴀᴛɪᴏɴ ᴀʙᴏᴜᴛ ᴛʜᴇ ʙᴜꜱɪɴᴇꜱꜱ.

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