What is Accounce and what is the full form of commerce?
Asked by Abhradeep Dutta
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1 Answer
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It is a systematic process of identifying, recording, measuring, classifying, verifying, summarizing, interpreting and communicating financial information. It reveals profit or loss for a given period, and the value and nature of a firms assets, liabilities and owners' equity. The activity of buying and selling, especially on a large scale.
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