what is the meaning of basic of account
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BASIC ACCOUNTING normally includes the areas of Debits and Credits; Accounts; Assets, Liabilities, Equity, Revenue and Expenses; and, an accounting system that offers a method for checking, balancing, and reconciling all accounting related transactions in order to produce accurate pictures of the entities financial ...
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Basic account normally includes area of debits and credits; accounts, assets, liability,equity,revenue and expenses.
A accounting system which offers method for checking, balancing accounts.
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