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It is just a branch of accounting that involves the whole process of recording, reporting and summarizing the myriad of transactions resulting from small business functions in excess of a period of time. All of these transactions are received by means of monetary statements.
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This concept is worried about the funds framework of a firm’s personal debt ratio to total funding. It consists of long-term financial debt, equity read the article and preference shares, as well as other components regarding the full capitalization of the agency.
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