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About
The objectives of our channel are given below.
To keep a systematic record of all business transactions
To determine the profit earned or loss incurred during an accounting period by preparing profit and loss account
To ascertain the financial position of the business at the end of each accounting period by preparing balance sheet
To assist management for decision making, effective control, forecasting, etc.
To assess the progress and growth of business from year to year
To detect and prevent frauds and errors
To communicate information to various users
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