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It’s tempting for smallbusiness owners to view accounting as a hassle—some necessary evil. And while it’s certainly not the most exciting part of running a business, keeping up with your smallbusiness accounting will pay massive dividends and make you a better business owner.
This guide aims to provide you with the necessary knowledge and practical steps to successfully set up and manage your company’s books. Accounts receivable refers to the money owed to a business by its customers for goods or services provided on credit. Chapter5: Accounts Payable Learn how to record accounts payable.
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