what is accounting explain its features
what debit and credit
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Accounting is the process of recording financial transactions pertaining to a business. ... The financial statements used in accounting are a concise summary of financial transactions over an accounting period, summarizing a company's operations, financial position, and cash flows.
debit the receiver and credit the giver
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Explanation:
a ratio indicates how many times one number contains another. ... Equal quotients correspond to equal ratios. Consequently, a ratio may be considered as an ordered pair of numbers, a fraction with the first number in the numerator and the second in the denominator, or as the value denoted by this fraction.
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