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Accounting is an essential method used in business management especially in finance and helps to determine the economic position of the organization. The monetary transactions, profit, and tax all are considered in accounting by the bookkeeping method. It helps the organization to understand the lagging factors and maintain the business in an effective order. Few basic concepts of accounting help an organization to maintain the financial bill and contribute its role in economics. Students, who want , can consider BookMyEssay, as we have an expert team to guide in related subjects with relevant information.