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Accounting Basics for Small Business Owners [By a CPA]

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And you don’t have time to do anything – sales, customer service, delivering the cleaning services, and so on. Revenue is also commonly referred to as Sales. There are quick and easy ways to do this by syncing your business bank account to a bookkeeping system, and classifying your transactions within that system.

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Top 10 Common Accounting Interview Questions with Answers

Simple Accounts

Also, the lessons learned in accounting and finance subjects are highly relatable to daily life too. . How do you define accounting in your words and what are the different types of accounting? . Finished goods: The products which are ready for sale. However, it cannot replace human force in accounting.

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