Question: Classify the three activities of accounting. E 1 . 1 ( LO 1 ) Genesis Company performs the following accounting tasks during the year. _
Classify the three activities of accounting.
ELO Genesis Company performs the following accounting tasks during the year.
Analyzing and interpreting information.
classifying economic events.
Explaining uses, meaning, and limitations of data.
keeping a systematic chronological diary of events.
Measuring events in currency such as euros or yen
preparing accounting reports.
Reporting information in a standard format.
Selecting economic activities relevant to the company.
summarizing economic events.
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