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  • CH 1 Anjum Arfana

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    SHAHIN COMPUTER CLASS
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    Accounting involves recording financial data related to business operations such as bookkeeping, payments, and assets and liabilities. It provides information about a business owner's private assets and liabilities through recording transactions and allowing for analysis of the financial health of the business. Common accounting activities include recording purchases, payments such as salaries, and analyzing the financial records.

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    Ch 1 Anjum Arfana

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    Accounting involves recording financial data related to business operations such as bookkeeping, payments, and assets and liabilities. It provides information about a business owner's private assets and liabilities through recording transactions and allowing for analysis of the financial health of the business. Common accounting activities include recording purchases, payments such as salaries, and analyzing the financial records.

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    7 views1 page

    CH 1 Anjum Arfana

    Uploaded by

    SHAHIN COMPUTER CLASS
    Accounting involves recording financial data related to business operations such as bookkeeping, payments, and assets and liabilities. It provides information about a business owner's private assets and liabilities through recording transactions and allowing for analysis of the financial health of the business. Common accounting activities include recording purchases, payments such as salaries, and analyzing the financial records.

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    © All Rights Reserved
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    of 1

    Ch 1

    Ans 1) Accounting
    Ans 2) include bookkeeping
    Ans 3) business
    Ans 4) purchased a LED for personal
    use ,paying the amount from personal
    bank account
    Ans 5) money
    Ans 6)to provide information about the
    private assets ans liabilities of the
    proprietor
    Ans 7) recording financial data relating
    to business operations
    Ans 8) analysis
    Ans 9) payment of salary

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