What is process of accounting?

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Harry Heaney asked a question: What is process of accounting?
Asked By: Harry Heaney
Date created: Tue, Feb 9, 2021 10:39 AM
Date updated: Thu, Jun 23, 2022 9:34 AM

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Accounting is the process of recording financial transactions pertaining to a business. The accounting process includes summarizing, analyzing and reporting these transactions to oversight agencies, regulators and tax collection entities.

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