Relation between Respiration and Photosynthesis
In daytime the plants takes in carbon dioxide and expel out oxygen. The process of photosynthesis occurs in chloroplasts whereas the process of respiration takes place in cytoplasm and mitochondria.
Accounting also provides ways to present this information that make it possible to evaluate a company’s past performance, present condition, and future prospects. Accounting is important to business for two reasons: it helps managers plan and control a company’s operations, and it helps outsiders evaluate the business. Because these two audiences use accounting information in different ways, accounting has two distinct facets