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Lesson No. 2 – Financial Accounting Course 2019 – Forms of Accounting

Welcome to your Lesson No. 2 - Financial Accounting Course 2019 - Forms of Accounting

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Which of the following is the basis of accounting?
The amount that person invest into the business is known as __________ .
The costs incurred to earn revenue or sales is known as __________ .
The activity in which business offer product and services to its customer is known as __________ .
For calculating Profit which of the following equation follows:

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