The systematic recording, reporting, and analysis of financial transactions of a business.Accounting also refers to the
process of summarizing, analyzing and reporting these transactions.
But all accounting has a standard set of accounting principles. It depend with type of business. In this way there is unity in all business accounting procedures to ensure that there is unity and a clear understanding no matter what business is being monitored
But all accounting has a standard set of accounting principles. It depend with type of business. In this way there is unity in all business accounting procedures to ensure that there is unity and a clear understanding no matter what business is being monitored
WHAT IS ACCOUNTING
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