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Why is it important to study and understand accounting? Explain the accounting equation and define its...

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Accounting

Why is it important to study and understand accounting? Explainthe accounting equation and define its terms.

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Accounting is a simple term which in general meaning to keep track of the things or to measure them and then take appropriate decision based on the accounted information Accounting means the process of record financial transaction and summarizing them and then report them to the    See Answer
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