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Basic Accounting Principles

Accounting has been defined as, by Professor of Accounting at the University of Michigan William A Paton as having one basic function: "facilitating the administration of economic activity. This function has two closely related phases: 1) measuring…

Should You Hire a Bookkeeper?

It is required by law for businesses, whatever the size, to keep a record of financial transactions of the business. Keeping good and accurate records will not only support items on your tax return, but will also help you keep track of expenses…