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In this video I have explained the basic concept of accounting in a simple way and this is especially for science background students. Here I have explained ⏱TIMESTAMPS 0:00 - Intro 0:12 - What is Accountancy? 3:03 - Accounting Process 5:06 - 5 Elements of Financial Statements 6:13 - Asset? 8:34 - Expense? 10:38 - Liability? 12:58 - Equity or ...
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