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Understanding Accounting Basics (ALOE and Balance Sheets)

Posted 11.20.2007, under Business
In accounting, the math usually isn’t worse than multiplication. But accounting isn’t about math — it’s about concepts, and some had me confused. Accounting has simple and surprisingly elegant ways to track a business.

So What’s Accounting About, Anyway?

To be blunt, accounting is about tracking stuff (yes, there’s more to it, but hang with me). What kind of stuff …

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