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Explain any three advantages of accounting

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Explain any three advantages of accounting
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Gayatri Nanda 6 years, 9 months ago

Information about financial position. Ascertainment of profit or loss during a period. Accounting provides better control Accounting helps in decision making. Accounting records are evidence of acts. Collection and payment of cash. Accounting helps in obtaining loans for business. It help for investors and government & other.
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