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what is the difference between accounting and finance?
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Answer Posted / prathiba.p.v@gmail.com
Account is an summarized record of all transactions relating
to a particular person, a thing of an item of income or
expense. It is vertically divided into two halves &
resembles the shape of the English alphabet T.
Finance the matters relating to the supply & demand of
monetary resources in a business during the normal course of
business activities concerned with raising capital, payment
of dividends, raising loans and overdrafts.
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