What Is Bookkeeping And 14 Reasons Why Bookkeeping Is Important To Business?

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Bookkeeping follows two accounting principles, the first one is that every debit entry must have a corresponding credit entry and the second is that accounts must balance. In fact, with adequate bookkeeping, companies will be able to track all information on its records to make effective decisions on funding, investment, and operation this can equally be bookkeeping meaning.

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Original Article Source Credits:   HottestGuides , https://hottestguides.com/

Article Written By:   Ifeoma Miriam Osuala

Original Article Posted on:  14 August 2020

Link to Original Article:  https://hottestguides.com/what-is-bookkeeping-and-14-reasons-why-bookkeeping-is-important-to-business/