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Bookkeeping All-in-One For Dummies

Summary:

The book serves as a comprehensive guide to the fundamentals of bookkeeping, covering topics such as setting up accounting systems, recording transactions, and preparing financial statements. It also provides practical advice on managing payroll, understanding tax requirements, and using the latest technology to streamline bookkeeping processes.

Key points:

1. Double-Entry Bookkeeping: A method where each transaction affects two accounts, ensuring the accounting equation always balances.

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