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Fun with Accounting

Accounting is systematic process of recording, summarizing, analyzing and reporting of financial transactions regarding business. Along with this accounting also store, sort, retrieve and present financial information and data. Accounting is the key function of all the business organizations whether it is done by a bookkeeper or accountant at small firms to large companies. Financial statements are one part of accounting which focuses on presenting general information to outsiders like balance sheets, income statement, etc. Continue reading Fun with Accounting