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更新日期：2018-06-27
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Every small business needs to account by law for the profit or loss that it makes over time. Not only is this valuable information for the business owner, but such accounting is required in order for the business to be able to report that information to the appropriate tax authority in its locale.
Furthermore, many small business owners prefer to keep their attention on running and building their business, rather than on accounting practices. Nevertheless, the importance of establishing and maintaining sound basic accounting practices cannot be over emphasize to make sure that the business is performing in a financially desirable way.
- Basic Accounting Record Keeping
- Journals
- Subsidiary Ledgers
- The General Ledger