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accounting

Single-Entry-VS-Double-Entry-Bookkeeping

Single Entry VS Double Entry

Reading Time: 2 minutes

Making a billion dollar company from scratch is not a child’s play, one need to make every move with precision and decisions after meticulous decisions. Maintaining and building a business is a difficult thing, people need to keep their feet grounded and make every move with proper understanding.

Maintaining record of every penny you spend is an important thing and maintaining a record of all the money that comes in as revenue is also important. Business is all about maintaining records and making decisions based on it.

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