Answer :
Records pertaining to banks, travel, and entertainment may be found in the financial accounting section of the accounting system.
As Financial accounting is a particular discipline of accounting that deals with the process of documenting, compiling, and presenting the numerous transactions occurring from corporate operations throughout time.
Advantages of Financial accounting:
The field of Financial accounting combines art and science. Accounting is the art of accurately documenting, categorizing, and summarizing financial activities in relation to money.
- Aids in keepinging business records.
- Fraud detection and prevention.
- True financial position at the moment.
- Assists in the creation of financial statements.
- Helps in comparison of the outcomes
- Serves as evidence in court.
- Helps the management with different facts in order to make managerial judgments.
To learn more about Financial accounting, refer to the following link:
https://brainly.com/question/17401239
#SPJ4