Sep 21, 2021
Basic Accounting Terms
After going through this lesson, you will be ready to understand the ‘Basic Accounting Terms’ that we commonly use in Accounting. Basic Accounting Terms Here are the top 40 Basic Accounting terms for you Transaction: Transactions are all those instances, where there exists either outflow or inflow of cash. For example purchase of furniture or goods, sales of products, etc. Event: Happenings…
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