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Ships from | Santa Ana, Metro Manila |
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Variation | Volume 1 Volume 2 |
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Accounting is a course of study in financial accounting. In traditional universities it is often taught in a two semester sequence that students majoring in accounting are required to take, usually during their junior year. One might think the phrase "intermediate accounting" could apply to beyond-basic techniques in w:management accounting or any other area of accounting, too, but in fact the phrase is applied exclusively to the courses and textbooks in the financial accounting area. Financial accounting, beyond a beginner's introduction, is the topic of this wikibook.
Books of accounts are the place in which all of the financial transactions and operations of a company are recorded. The books enable business owners and managers to understand what money is coming in and out of the business. They are also important for preparing cashflow forecasts and financial reports.
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