際際滷

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Are You Losing Money ???
Overview For Beginners
to learn
Record Keeping
Are You Losing Money
To Make Informed
decisions
To comply with Legal
Business
To show your Business
position
To Plan Business future
To Measure Business
Performance
To fulfill Your Business
Requirement
Are You Losing Money
Legal
Business
Records
Property
Records
Correspondence
Records
Employment
Records
Are You Losing Money
Transaction
Journal
Ledger
Trial Balance
Financial
Statement
Are You Losing Money
Maintenance of records of business
transactions
Calculation Of Profit Or Loss
Depiction Of Financial Position
Provide Information to the users
Are You Losing Money
Understandability
Reliability
RelevanceComparability
Are You Losing Money
Liability
Equity
Assets
Are You Losing Money
Cash
Accounts
Receivable
Inventory
Prepaid
expenses
Plants
Equipment
Buildings
LandOffice
Supplies
Investments
Are You Losing Money
Notes
Payable
Long
term
debt
Unearned
Fees
Accounts
Payable
Are You Losing Money
Invested
Capital
Retained
EarningsSurplus
Steps For accounting Process:
1. Identify and analyze the transaction
2. Recording Journal entries
3. Posting in the ledger
4. Prepare the unadjusted trial balance
5. Make adjusting entries
6. Prepare the adjusted trial balance
7. Prepare financial statements
8. Close the entries
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