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What is accounting? Is accounting science or an art?

The figures in your reports will look different depending on whether you use cash or accrual basis accounting. This may influence which products we review and write about (and where those products appear on the site), but it in no way affects our recommendations or...

How to Set Up Petty Cash for Your Business

In several instances, company employees might need to make expenses for business purposes. Despite making the expense out of pocket and waiting for the reimbursement of the amount, a petty why do businesses use petty cash funds cash fund can be used in such instances....
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