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Accounting - An Overview

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For every transaction, there must be a credit in addition to a debit. A credit in one account offsets a debit in An additional, so all credits need to equal the sum of all debits. As potential lenders or traders, we could use this financial assertion to assess The expansion https://lipe49258.suomiblog.com/the-smart-trick-of-accounting-finance-that-nobody-is-discussing-50212589

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