Accounting information
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Debit vs credit are terms used in double entry bookkeeping. They refer to entries made in accounts to reflect the financial transactions of a business. The terms are often abbreviated to Dr (Debit) and CR (Credit). #bookkeeping #accounting
Accounting is huge field for professional here we describe accounting as a career worldwide profession and mention posts name in different sector.
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Different branches of accounting came into existence, keeping in view various forms of accounting information needed by different classes of people. They may be
Difference Between Accounting and Bookkeeping Accounting and bookkeeping are both financial tools used for the recording of business transactions. There are slight differences between accounting and bookkeeping and they are mainly some technical differences. To understand what separates accounting from bookkeeping we must completely understand both categories and we must learn how they function in the everyday use. Bookkeeping is
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Meaning of Accounting Information Accounting is the process to record, analyze, summarize, and interpret financial information of a business organization. Accounting information thus generated is of use to the stakeholders of the company, namely the employees, shareholders, creditors, banks and other lenders, regulatory agencies and tax authorities, etc. It is the only way or language through which the organization can communicate with the internal and external world. Accounting information…
