Accounting is the work or strategy of keeping monetary data. It is the systematic recording, reporting, and evaluation of the financial activity (transactions) of an individual, enterprise, or organization. The first phase of the Financial Accounting Requirements Board’s (FASB) two-half
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Accounting is the recording of financial transactions together with storing, sorting, retrieving, summarizing, and presenting the results in various reports and analyses. The usage of loan as a verb is sometimes disapproved of, especially when the object being lent is