what r the main objectives of accounting
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Explanation:
- systematic recording of business transactions
- ascertainment of results
- ascertainment of financial position
- communicating information to various users
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Answer:
Main objectives of accounting are maintaining a complete and systematic record of all transactions and analyzing the financial position of a business. Every individual or a business concern is interested to know the results of financial transactions and their results are ascertained through the accounting process.
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