Accounting
Accounting is a way to keep a careful record of a company's money matters, sorting and summing up all its money happenings to see how well it's doing financially. It involves keeping track of money coming in and going out, handling who owes money and who is owed money, paying employees, and creating financial reports like balance sheets, income statements, and cash flow statements. This information is very important for leaders, investors, and tax collectors to make good choices.
