The subject Accounting is a very realistic and career oriented subject that mainly deals with the administration and management of financial records. Accountancy is the method of interacting fiscal information on business unit to users like managers and shareholders. The Accounting at many times stated as the backbone of the whole business and correctly as the global language of the business. The accountancy, in general is the structure of financial statements which represents money terms all along with the financial resources beneath the control of management. Accounting is very significant for a booming business, as the entire financial record is maintained by using it. Accounting on the whole is mainly the systemic recording, reporting and examination of fiscal transactions during a business. For the students pursuing commerce, accounting is one of their very important subjects as it is the medium for reporting financial information regarding a business body to several diverse gro...
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