Accounting is about a sequence of steps which are to get executed thoroughly. They can be largely recording, then summarizing, reporting, And eventually analyzing the economic transactions. Recording features documenting the revenues and getting into purchases and expenses.
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Accounting is defined as being the as being the art of recording, categorizing, and then summarizing in the noteworthy way in terms of transactions, money and gatherings which happen to be of economic character, and comprehension the outcomes thereof.
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