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Cons Of Accounting Fails to carry the whole photo - Economical accounting specials Along with the quantitative factors as an alternative to the qualitative features. It specials only Along with the functions of financial values, the non-monetary pursuits like the caliber of merchandise and labor relations get ignored. Fails to indicate realisable value - Accounting helps to keep directory up the harmony sheet, but it does not show the level of cash that the business realises with the sale of belongings.
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