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  5. Financial accounting

Financial accounting

  • Financing business

Maintaining an accurate, up-to-date record of a firm's finances is essential to its operations and its success.

  • Balancing your bank account

  • Balancing your sales (debtors) control account

  • Balancing your purchase (creditors) ledger

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Related guides

  • Business plans: the foundation for success
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  • Raising finance
  • Three steps to cheaper financing

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