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Offers the monetary placement- It helps the company man or woman to draft a stability sheet at the conclusion of each and every year, which makes it possible for them to recognize the financial condition of an organization. It highlights the worth of assets and liabilities with the business.
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A comparative study- Accounting helps the businessmen to keep up a scientific document which even further supports them to match the final results from the present calendar year with the final results of your preceding year.
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