What is the main purpose of Financial Accounting?
فنانشل اکاؤنٹنگ کا بنیادی مقصد کیا ہے؟
- Provide useful information to outsiders
- Organizing financial information
- Keep track of company's expenses
- Keep information to maximize company profits
- All of these
Explanation
Financial accounting is the process by which an organization's revenue, receivables and expenses are collected, measured, recorded and finally reported into a financial statement.
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