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What is accounting? What are its …

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What is accounting? What are its objective?

Posted by Sudhanshu Kumar 1 year, 7 months ago

CBSE > Class 11 > Accountancy

2 answers

Bhumi Yadav 1 year, 7 months ago

can someone help me to decide what stream should I take pcm or commerce

Sudhanshu Kumar 1 year, 7 months ago

Accounting is the arts of recording classifying and summarizing in significant manner and in terms of money, transaction and events which are part in atleast of a financial character and interpreting the result there of: →Objective:→ 1) to keep systematics record business transaction 2) to calculate profit or loss 3) to known exact reason leading net profit and net loss 4) to asscertain in the financial position of the business 5) to asscertain the progress of the business year to year 6) to decect errors and frads 7) To provides information to various parties.

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