What is difference between accounts and finance?
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Answer Posted / h.r. sreepada bhagi
Finance is related to money & transactions having financial
implications.
Accounts or Accounting is concerned with to recording the
business transactions in terms of money in a systematic
manner to enable preparation of Profit & Loss A/c & Balance
at the end of an accounting period. Financial transactions &
accounting should go hand in hand for efficient & effective
business to run & grow.
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