Accounting 0452 · IGCSE · Accounting principles

Accounting principles — practice question

What is accounting intended to achieve?

  • Ato enter each business transaction twice in the books of account
  • Bto prepare financial statements and provide information for decision making
  • Cto prove that the total of the debit entries equals the total of the credit entries
  • Dto provide financial information for the business’s bank manager

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