BOOK KEEPING, Accounting Basics

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what is book keeping?

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A method of expressing the relationship between one accounting result and the other, which is intended to give a useful comparison. Accounting ratios helps in measuring the efficie

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“Ledger is said to be the principal book entry and the transactions can even be directly entered into the ledger account.”

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Concept of Flow of Funds :  It refers to the 'Change in Funds' or 'Change in Working Capital'.  That is, any increase or decrease in Working Capital. In business, daily, numerous t

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