IntroductionTrading Account is one of the three final accounts of a Sole Proprietor, alongside the Profit & Loss Account and the Balance...
Understanding the Basic Accounting Equation
Introduction
The Basic Accounting equation focuses on the equation that exists between the properties of a business(assets) and the claims...
What is a Bank Reconciliation System?
A bank reconciliation is the comparison of the bank statement you get from your bank with the business records concerning the...
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