1.

Explain two limitations of accounting

Answer» hii i am sunil read in class 11 in green bells public school live in shahdol.my answerincomplete unformation:- acconts statement provide only the incomplete information because the actual profit or loss oof a business can be know only when the business is closed down.(2):- Affected by window dressing :- window dressing refer to the practice of manipulting accounts, so that the financial statements may disclose a more favorable position than the actual position.ok.


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