Accountancy, asked by spondonsen1208, 11 months ago

write short not on accounting department

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Answered by Anonymous
1

Answer:

Part of a company's administration that is responsible for preparing the financial statements, maintaining the general ledger, paying bills, billing customers, payroll, cost accounting, financial analysis, and more is known as accounting department.

The accounting department is responsible for recording and reporting the cash flow transactions of a company. This department has some key roles and responsibilities, including accounts receivable, accounts payable, payroll, financial reporting, and maintaining financial controls.

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