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The main item of a business property would be to gain income. Accounting may be the medium of recording business enterprise functions and it is considered a language of organization.Closing journal entries are created at year-conclude to get ready short-term or nominal accounts for another accounting time period. The quantities of nominal accounts
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The principle object of a business home is always to generate profit. Accounting is the medium of recording company routines and it is taken into account a language of business enterprise.Reputable information and facts is verifiable, representationally trustworthy, and neutral. The hallmark of neutrality is its need that accounting data not be sel
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