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10 cards from this deck
Simple methods small entrepreneurs use to manage finances informally
Sell today → buy stock with earnings → sell tomorrow
Cash only - no credit, invoices, or receipts
Structured system for recording, analysing, communicating finances
Generally Accepted Accounting Practice - accounting framework
Communication - a common language to convey financial messages
Decisions on handling same transactions for consistent results
Recording and reporting financial info, creating statements
Costing, budgeting, analysis for decision-making
Financial accounting, Managerial accounting, Tools for resources
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