Solve only question 3 and 11 A1 25% 8:25 PM+ ASSIGNMENT 1... /Fdrullida hirityal kt. Sonaand ecindagFINANCIAL ACCOUNTINGBBA2ASSIGNMENT -11. What is acounting? Write three different definitions.2. Who are users of accounting information, what are its types? Explain withexamples.3. Are we also user of financial accounting, if yes how?4. Why accounting users need information explain with example5. Who are creditors and investors? Explain with example6. What do you understand by Financial Statements?7. In your surrounding search any two2 business and 2 non businessorganization need accounting. Also explain how with example8. Why students should learn accounting?9. What is business transaction? and what is not business transaction?10. What is difference between financial and managerial accounting11.What is annual report, who needs it? Study any annual report. Explain any4 part of it in your own word.

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Business

Accounting

2. Who are users of accounting information, what are its types? Explain with examples.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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