Accounting Backbone of Business

May 12th, 2015
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California State University - Los Angeles
Course: general
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These principles are recorded and keep track of a business’ activities. For example, if an owner makes a payment on a Van, it business and the cash balance within the business is basically the back bone of a business.

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Accounting is basically the back bone of a business. It gives structured financial information to those within the business, so they can make important decisions about the business. For an individual to understand how to make these decisions, they need to understand four basic principles of acco

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