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business accounting

Josh Morriis English

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business accounting

  1. What is accounting

    • The process of identifying, measuring, recording and communicating the required information relating to the economic events of an organisation to the interested users of such information.
    • The recording of data, e.g. all goods bought and sold
    • classifying and summarising the data that is collected
    • communicating the information to various people.
  2. Accounting cycle – the process of recording and processing the accounting events within a business

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Mind Map on business accounting, created by Josh Morriis on 14/09/2017.
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Josh Morriis
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