introduction of the all types of accounts related goods
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accounting is the mechanism used to record activities and transaction that occur within a business. However in order to understand record, a standard set of rules for accounting within the U.S. has been established. These rules are called the Generally Accepted Accounting Principals (GAAP) .
The first general rule of accounting is that every transaction is recorded. Fraud is of a much broader area called material misstatements which can also include errors.
the second general rule of accounting is that the transaction are recorded using what is called " double - entry " accounting methods
The third generals rule of accounting is that every recorded transaction is captured in a log called the " general journal".
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The first general rule of accounting is that every transaction is recorded. Fraud is of a much broader area called material misstatements which can also include errors.
the second general rule of accounting is that the transaction are recorded using what is called " double - entry " accounting methods
The third generals rule of accounting is that every recorded transaction is captured in a log called the " general journal".
HOPE THIS HELPS IF YOU LIKE THE ANS THEN PLS MARK IT AS BRAINLIEST PLS PLS IT'S URGENT
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