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internal control measure applied by making sure that accounting data is kept properly in order to protect the business against financial loss due to fraud or error.
ratio comparing some form of owner's equity (or capital) to borrowed funds.
the state of a business in terms of assets, liabilities and owner's equity.
(also called a ledger) a book that uses the double entry principle of accounting for separate...
system where petty cashier requests money from the cashier when they need it