Book Keeping and Accounting

1. Book keeping is the recording of financial transactions. 
2. A book keeper (or b...}
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Double Entry Book Keeping System

Features of Double Entry System of Book Keeping

1. Two fold effect
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Accounting Cycle and Accounting Terminologies

Accounting terminologies areas follow:

1. Transaction
2. Debtor
3. Creditor...}
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Accounting Equation

Principle of Accounting Equation

1. Assets
2. Liabilities
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