Accounting allows organizations to collect, record, and classify financial information about assets, liabilities, and capital to understand their economic situation and make better financial decisions. It provides statistics to track a company's performance and stability over time. Key accounting concepts include assets like cash, receivables, and property owned by a company, liabilities which are debts and obligations it owes, and capital which is the net worth remaining after subtracting liabilities from assets.

1. INTRODUCTION ACCOUNTING
The accounting allows us to know what is the economic and financial situation
of an organization, enabling collect, record, classify and systematize the assets
and resources of a company, it helps to better manage how economic decision
making of this. It also helps to know the course and stability leading the
company through statistics.
It is present in all entities and is necessary for any business. Among the most
important concepts of accounting are assets (resources that own or acquires a
company such as cash, securities, vehicles, accounts receivable, etc...)
Liabilities (debts or obligations of the company accounts payable, taxes
payable, interest payable, etc..) and Capital (the liquid that is left to the
company after deducting its liabilities).