__ OF __ING Every pany has an accounting office or a finance department that looks its accounting details. An accounting department is the backbone(脊梁)of every business. It records all the business transactions(交易), and keeps a track(记录) of the es(收入) and expenses(支出)of the business. The accounting department also helps to determine the correct financial position and standing of the business. For a systematic(系统的)and A; recording of transactions, accounting is important. The purpose of accounting is recording all the transactions honestly and accurately in the Books of Accounts(账本). The accounting process can be defined the process that begins when the transaction takes place and ends the transaction is recorded in the books of accounts. It includes a series of steps that to analyze(分析)and record the business transactions for a particular period.