Accounting for Beginners | Part 1 | The Accounting Equation 

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I am very happy for the introduction:of the Accounting learning. I was learning three questions 1 why do you need accounting?answer.we need accounting for our records in the business transaction or and two know how much your profit and loss. 2 why account so important? To remain us what is going in the business transaction of assets and liabilities. 3 book keeping is collecting information in the business you start. Another: I was learning Financial Accounting is to allow people to records the information in the business. -three main statement 1 income statement. Is one year period 2 Cash flow stetament: - accounting Equation : In accounting equation:Assets=capital+laibility is know accounting equation. -and the ladger:is accounting of final Entry book where transaction are listed. 2

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