Answer:
Answer given below.
Explanation:
Accounting as per American Institute of Certified Public Accountants
" Accounting is the art of recording, classifying, summarizing in a significant manner and in terms of money; transactions and events which are, in part atleast, of a financial character, and interpreting the results thereof. "
{I am a grade 11 commerce student. The following answer is as per what I have learnt. Hope it helps.}