Question

Why Accounting is important in business?​

Answer 1

Answer:

11-Feb-2020 — Why Is Accounting Important in Business? · 1. Accounting keeps you organized · 2. It backs up your tax return ...

Answer 2

Answer:

Accounting plays a vital role in running a business because it helps you track income and expenditures, ensure statutory compliance, and provide investors, management, and government with quantitative financial information which can be used in making business decisions.

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