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Accounting Glossary: Terms Made Simple

Understand accounting terms and concepts with our easy-to-use glossary.

Accounting

Financial Accounting Beginner

Accounting is the process of recording, classifying, summarizing, and interpreting a business’s financial information. It turns raw numbers into meaningful…

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Bookkeeping

Financial Accounting Beginner

Bookkeeping is the process of recording a business’s financial transactions in a systematic and organized way. It captures every sale,…

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