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This may protect against mixing assets and liabilities between multiple entities which may lead to challenges in the event the money statements of a different small business are initially audited.
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Federal government Accounting: This technique of accounting is developed to measure the inflow and outflow of government capitals or means.
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Budgetary Accounting: This area of Accounting relies around the measurement of accepted plan or spending plan. The main purpose of this accounting site region would be to help in command of funds.
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