Accounting helps in keeping a record of day-to-day transactions. While you do your daily life activities, you need to keep track of them. In that scenario, the accounting will help you. You can record your day-to-day transactions and calculate all your expenses and income.
Accounting plays a vital role in running a business because it helps you track income and expenditures, ensure statutory compliance, and provide investors, management, and government with quantitative financial information which can be used in making business decisions
Answers & Comments
Answer:
Yes.
Explanation:
Accounting helps in keeping a record of day-to-day transactions. While you do your daily life activities, you need to keep track of them. In that scenario, the accounting will help you. You can record your day-to-day transactions and calculate all your expenses and income.
hope it helps..
Answer:
Accounting plays a vital role in running a business because it helps you track income and expenditures, ensure statutory compliance, and provide investors, management, and government with quantitative financial information which can be used in making business decisions
Explanation:
hope it help po