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Needed a Document for introductory of accounting class11?
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Needed a Document for introductory of accounting class11? Related: D...
Accounting is a process of identifying, measuring, recording and communicating the required information
relating to the economical event to interested user to help make them decision.
Objectives of accounting information:-
a) Maintain the recording information.
b) Calculate the profit and loss.
c) Determine the financial position.
d) Help users to make decision.
Advantage accounting information:-
a) Maintain the recording information.
b) Can be used as evidence in legal matter.
c) Help user to make decision.
Limitation of accounting information:-
a) cannot record non -monetry information.
b) cannot measure the qualities of product, costumer etc.
c) Transaction record at cost, it avoid the changing price level.
relating to the economical event to interested user to help make them decision.
Objectives of accounting information:-
a) Maintain the recording information.
b) Calculate the profit and loss.
c) Determine the financial position.
d) Help users to make decision.
Advantage accounting information:-
a) Maintain the recording information.
b) Can be used as evidence in legal matter.
c) Help user to make decision.
Limitation of accounting information:-
a) cannot record non -monetry information.
b) cannot measure the qualities of product, costumer etc.
c) Transaction record at cost, it avoid the changing price level.
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Needed a Document for introductory of accounting class11? Related: Definition of Accounting ,Objectives,Advantages and Limitation?
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Needed a Document for introductory of accounting class11? Related: Definition of Accounting ,Objectives,Advantages and Limitation? for Commerce 2025 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about Needed a Document for introductory of accounting class11? Related: Definition of Accounting ,Objectives,Advantages and Limitation? covers all topics & solutions for Commerce 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Needed a Document for introductory of accounting class11? Related: Definition of Accounting ,Objectives,Advantages and Limitation?.
Needed a Document for introductory of accounting class11? Related: Definition of Accounting ,Objectives,Advantages and Limitation? for Commerce 2025 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about Needed a Document for introductory of accounting class11? Related: Definition of Accounting ,Objectives,Advantages and Limitation? covers all topics & solutions for Commerce 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Needed a Document for introductory of accounting class11? Related: Definition of Accounting ,Objectives,Advantages and Limitation?.
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