What do you mean by Accounting?

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ACCOUNTING ASSIGNMENT
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WHAT DO YOU MEAN BY ACCOUNTING?
Accounting is sharing and processing all the
financial and various kinds of data or
information of an organization or a business.
Accounting helps in summarizing all the
information in a journal entity. If any analyst
reads an organization's records or journal
entities, they can quickly learn all about the
financial condition of that organization. So, if
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What seven tasks does accounting perform?
Accounts receivable and payable
Payroll
Documents and financial statements
Financial control
Maintain records
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Budgeting Inventory management
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I MPORTANCE OF ACCOUNTING
There is various importance of accounting, such
as Funding Company growth Essential for the
owner to exit Essential to collect payment
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THANK YOU!
Have a great day ahead.