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WebAccount A personal or impersonal record of one or more business transactions to enable a balance to be determined at any moment in time. ... operations in terms of time, quantity and monetary values. Accounting Period The period for which final accounts are customarily prepared. Accounting System The day-to-day method by which transactions are ... WebAccounting is termed as the analysis, classification and recording of financial transactions, and the ascertainment of how such transactions affect the performance and financial … mobility research treadmill
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