2.4k views
5 votes
What is meant by accounting

User PaulMcG
by
8.3k points

2 Answers

7 votes

Answer:

Accounting is the process of recording financial transactions pertaining to a business. The accounting process includes summarizing, analyzing, and reporting these transactions to oversight agencies, regulators, and tax collection entities.

Step-by-step explanation:

if u Wanted the most corpo answer

User Zkoza
by
8.4k points
7 votes

Answer:

the action or a process of keeping financial accounting

User Nicolas Schubhan
by
8.5k points

No related questions found

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.4m questions

12.2m answers

Categories