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(also called indigenous bookkeeping) a casual operation where few records are kept of income, expenses, stock and other items
GAAP principle that means that the business takes the more conservative option when working out...
important principles set out in GAAP. These include business entity concept, going concern...
amounts of money that the employer subtracts from the gross salary or gross wages of an employee...
error in adding or posting compensated for by another error that equals the amount of the first...