Questions & Answers

Accounting is the process of recording, summarizing, and analyzing financial transactions to provide useful information for making business decisions.

Accounting is the process of recording, summerising and classifying the transactions into usefull information for the stakeholders (i.e. investor, debtors, creditors etc)

accounting is keeping records of all financial transactions(Examples of financial transactions include cash,receipts, deposit)related to an individual or an company.