I didn't know about business account? Can someone teach me about business account.
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A business needs a system to manage its money. Business accounts are used to track the cash balance, money owed to the business, money owed to creditors and payroll paid to employees. The number of accounts a business needs will vary, but business accounts are universal for all businesses.
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A business bank account is anaccount that helps the business owner keep business transactions separate from personal finances, and usually comes with special conditions for businesses. ... This helps businessowners track their expenses, mange cash flow, and make it easier to calculate tax liabilities.
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