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Accounting is defined given that the as being the art of recording, categorizing, and afterwards summarizing in the noteworthy manner regarding transactions, income and situations which can be of monetary character, and comprehending the results thereof.
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Accounting is about a sequence of techniques which can be to get executed adequately. They can be mainly recording, then summarizing, reporting, And eventually examining look at more info the monetary transactions. Recording features documenting the revenues and moving into buys and expenses.
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