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Basic Accounting for a Small Business: Bookkeeping and Accounting Basics

Snyder

All small business owners need to be familiar with basic accounting and bookkeeping, as it gives them a clear picture of the state of their finances, allows them to make informed business decisions, and lets them react to any adverse changes faster. Small business accounting basics. What is accounting?

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An Essential Guide to Accounting and Basic Accounting Principles for Beginners

Snyder

Old tricks aren’t always relevant today, so whether they like it or not, people must adapt, whether it’s a business owner who needs to learn at least the basics, or a busy accountant who’s trying to find something new to help with their workflow. Why is accounting important? What are basic accounting principles?

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Understanding accounts payable: FAQ

ThomsonReuters

Whether you’re an accounting student, a recent college grad, or a small business owner, you may have questions about what accounts payable is, how it works, and best practices. As an important indicator of the health of a business, accounts payable is a gauge of cash flow.