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Accounting Explained With Brief History and Modern Job Requirements.



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Accounting is the process of recording, classifying, and summarizing financial transactions to provide information that is useful in making business decisions. The term “accounting” is also used to refer to the profession of accountants. The history of accounting can be traced back to ancient times. The first known records of financial transactions date back to … Read more

What is net worth?



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The concept of net worth is the difference between the asset and passive of a company. In this way, the net worth of a company comes from the reservations of the company, of the benefits generated, as well as of the contributions of its partners. Therefore, the meaning of net worth is the total value … Read more