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4 Objectives of Accounting (with diagram) Systematic Recording of Business Transactions: Ascertainment of Results: Ascertainment of Financial Position: Communicating Information to Various Users:
The main objective of accounting is to keep a systematic record of financial transactions which helps the users to understand the day to day transactions in a systematic manner so as to gain knowledge about overall business.
The functions of accounting include the systemic tracking, storing, recording, analysing, summarising and reporting of a company's financial transactions.
Objectives of Accounting: The following are the main objectives of accounting: To maintain full and systematic records of business transactions: To ascertain profit or loss of the business: To depict financial position of the business: To provide accounting information to the interested parties:
4 Objectives of Accounting (with diagram) Systematic Recording of Business Transactions: Ascertainment of Results: Ascertainment of Financial Position: Communicating Information to Various Users:
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Top 10 \u2013 Objectives of Accounting Identification and Recording of Transactions. ... Preparing Profit and Loss Statement. ... Preparing Balance Sheet. ... Keeping records of Cash Transactions. ... Evaluate and Control Assets and Liabilities. ... Preventing Money Defalcation and Cost. ... Detection and Prevention of Errors.
Objectives of Accounting: The following are the main objectives of accounting: To maintain full and systematic records of business transactions: To ascertain profit or loss of the business: To depict financial position of the business: To provide accounting information to the interested parties:
Top 10 \u2013 Objectives of Accounting Identification and Recording of Transactions. ... Preparing Profit and Loss Statement. ... Preparing Balance Sheet. ... Keeping records of Cash Transactions. ... Evaluate and Control Assets and Liabilities. ... Preventing Money Defalcation and Cost. ... Detection and Prevention of Errors.
Objectives of Accounting: The following are the main objectives of accounting: To maintain full and systematic records of business transactions: To ascertain profit or loss of the business: To depict financial position of the business: To provide accounting information to the interested parties:
Objectives of Accounting: The following are the main objectives of accounting: To maintain full and systematic records of business transactions: To ascertain profit or loss of the business: To depict financial position of the business: To provide accounting information to the interested parties:

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