Which of the following is not an objective of
accounting:
Answers
Explanation:
To maintain records of the business. To provide information about the assets, liabilities and capital of the enterprise. To provide information about the private assets and liabilities of the proprietor To provide information regarding the profit and loss of the enterprise.
Answer:
Where are the objectives? (send complete question)
Explanation:
These are the objectives of accounting:
1. Identification and recording of transactions
2. Ascertainment of results
3. Ascertainment of financial affairs
4. Keeping accounts of cash
5. Control over assets and liabilities
6. Controlling money defalcation and cost
7. Providing economic data
8. Helping tax fixation
9. Determination and evaluation of policy
10. Testing the arithmetical accuracy of accounts
11. Acceptability to others
12. Creation of values and accountability