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What is accounting?

0 83 Views | Posted 8 years ago
Asked by swapna dash

  • 1 Answer

  • M

    Answered by

    Mohit Maheshwari | Contributor-Level 8

    8 years ago
    Accounting is the recording of financial transactions plus storing, sorting, retrieving, summarizing, and presenting the information in various reports and analyses. Accounting is also a profession consisting of individuals having the formal education to carry out these tasks.

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