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05.01.2022

Accounting helps to prepare financial statements and financial data in general. It covers the accounting aspect of accounting; therefore, accounting principles can also be applied to accounting. Often, information related to a company's financial position is presented on the balance sheet, and disclosures of operating results are shown in the income statement. In addition, some data concerning the liquidity of the company and changes in the financial structure of the company are usually analyzed in the statement of changes in financial position. Financial statements are necessary to provide information about the past performance of a company, which allows you to predict what may happen to that company in the future. http://www.confiduss.com/en/info/blog/ar...sa-bookkeeping/

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