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(PDF) Bookkeeping and Accounting and Financial Statements | Kripal Barman - dupeliculas.comThe importance of recording business transactions need not be emphasized whether it is business or non business activities. Hence book keeping is very important and essential for any person. To transact means to perform or carry out business. The transaction involves exchange of money, goods, property or services, viz. A more adjustment in the books can also be a transaction.
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