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How important is accounting in businesses? Can a business survive without it? Please justify
your answer.

Sagot :

Roseannnanar1idn

Answer:

How important is Accounting in business? Accounting on plays a role in running of a business because it is really helps us track income and expenditures, ensure statutory compliance and more and government with quantitative information of which can be used in making important in making decisions

Can a business survive without it?

Without accounting the business it'll lose a lot of money. If you're a sole member business, we do everything—including invoicing. ... plus in big chunk losses like those, not in having accounting for a small business can lead to slow leaks.