“What is Accounting”

ERP = ENTERPRISES RESOURCE PLANING Accounting:- Accounting is defined as systematic summarized recording of day to day business transactions in the books of account.  In other words the books of your company can be treated as medical reports that show the health of your company. To learn accounting, it is necessary to understand the final amounts of Debit & credits, assets & liabilities, income & expenses to prepare of maintain accounts systematically & correctly. what is Debit?:- The things which...

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