Search results with tag "Nature and role"

FINANCIAL ACCOUNTING : MEANING, NATURE AND ROLE …

property, cash gifts from her relatives, etc. Thus, at the end of a period (say a year) she can see for herself about her financial position i.e., what she owns and what she owes. This will help her in planning her future income and expenses (or making out a budget) to a great extent. The need for accounting is all the more great for a person ...

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