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What is Basics of Accounting - Course 1339 about?

Here are the key points covered in this unit: - Accounting is the process of recording, classifying, summarizing and interpreting financial transactions of a business entity. - Businesses can be classified based on their organization (sole proprietorship, partnership, joint stock company) and nature of operations (service, merchandising, manufacturing). - Important commercial terms covered include profession, business, transaction, drawings, goods/merchandise, purchases, sales, service revenue, purchase

Author

Zahid Butt

Language

EN