- To provide information about accounting period
- To provide information about Financial position
- To provide information about future planning
- To find out the cash balance of organization at particular date by maintaining cash accounts
- To recording purchases and sales on cash or credit basis
- To find out the profit for particular period
- To find out the capital on particular date
- To find out the position of assets and liabilities on particular date
- To calculate the cost of production
- To develop the policy for the organization for future
Wednesday, August 7, 2013
Objective of Accounting
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