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Accounting and bookkeeping in business.
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[QUOTE="TOZZIBLINKZ, post: 254131, member: 37528"] It is totally true that bookkeeping and accounting plays a very important role in the life and existence of a particular business and it is absolutely very saddened to see that majority of people that is business owners and capital commercial Enterprises do not see it as in need for them to practice their commercial activity of bookkeeping and . According to feasibility studies and analyses Asian it is assumed that majority of business go bankrupt in the United States of America as a result of poor documentation at the inability to track their business earnings and business losses . Who do not want to fall into problem when carrying out business activities that is why in order to track our business activities and practices we must endeavour to have proper records and that involves bookkeeping . It is not all about recording business transactions and business activities but it is also important if we analyse this records possibly at the end of every month or at the end of every year and what that means or involves is accounting . In a business organisation accounting and bookkeeping are definitely used interchangeably and they go a long way in determining the success rate of a particular business organisation . [/QUOTE]
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Accounting and bookkeeping in business.
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