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Accounting involves the creation of financial records of business transactions, flow of finance, the process of creating wealth in an organisation, and summarizing the financial position of a business at a given moment in time.
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to keep a set of books for business with an information system that provides reports to users about the economic activities and condition of a business.
The basic function of Accounting includes the creation, maintaining, managing financial records ranging from business transactions and maintaining the process of creating wealth. Accounting...