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  • Basic Accounting Terms Final1

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    jayesh
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    This document discusses the key steps in accountancy: identifying business transactions, recording them, summarizing them, and interpreting them. Accountants must first identify relevant transactions, record details of finances and events, summarize this data into financial statements, then analyze and interpret the information contained within statements.

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    Basic Accounting Terms Final1

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    This document discusses the key steps in accountancy: identifying business transactions, recording them, summarizing them, and interpreting them. Accountants must first identify relevant transactions, record details of finances and events, summarize this data into financial statements, then analyze and interpret the information contained within statements.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
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    4 views1 page

    Basic Accounting Terms Final1

    Uploaded by

    jayesh
    This document discusses the key steps in accountancy: identifying business transactions, recording them, summarizing them, and interpreting them. Accountants must first identify relevant transactions, record details of finances and events, summarize this data into financial statements, then analyze and interpret the information contained within statements.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 1

    ACCOUNTANCY

    IDENTIFYING THE BUSINESS TRANSACTIONS

    RECORDING THE BUSINESS TRANSACTIONS

    SUMMARISING THE BUSINESS TRANSACTIONS

    INTERPRETING THE BUSINESS TRANSACTIONS

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