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1:-Financial accounting
2:-Cost Accounting
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Talking concerning, the Financial accounting that is largely involved concerning the record-keeping and is emotional towards the creating of profit and loss account and record. This serves the aim of:
- Making track of the transactions that affects and concern concerning the business
- Making necessary accounts and record taken care by statutes
- Making house owners the business about the results of their work, over a amount of your time.
Last however not the smallest amount, Management accounting, is that the involvement of ultimate accounts in approach that may change the management to create choices and to see the events.
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