write definition of accounting in your own words.
(don't copy and paste from internet)
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write definition of accounting in your own words.
(don't copy and paste from internet)
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accounting is the act of computing something.
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Answer:
Accounting or accountancy is the measurement, processing, and communication of financial and non financial information about economic entities such as businesses and corporations. Wikipedia
Two types
The two primary methods of accounting are accrual accounting (generally used by companies) and cash accounting (generally used by individuals