Accounting is the system of analyzing, classifying, recording, summarizing, and interpreting a business financial events.
Accounting is a process of keeping a financial record or preparing the financial record. It includes analysis, verification, and reporting of records of the transaction.
Accounting is the activity in the financial department of a company or business that keeps the daily finance accounts.
Hence, accounting is the system of analyzing, classifying, recording, summarizing, and interpreting a business financial events.
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