How can you use accounting to manage your personal finances? What are the benefits of keeping...

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Accounting

How can you use accounting to manage your personal finances?
What are the benefits of keeping track of personal transactions– income and expenses – in an organized manner?
What are some of the possible risks if you don’t keep track ofpersonal transactions?

Answer & Explanation Solved by verified expert

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Accounting not only use by firms companies and business entity but also a individual can use to manage his personal finance A person perform so main personal financial transactions during a year like he earn income he spend his income on his needs and reaming money he save for future See Answer

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How can you use accounting to manage your personal finances? What are the benefits of keeping...

90.2K

Verified Solution

Question

Accounting

How can you use accounting to manage your personal finances?
What are the benefits of keeping track of personal transactions– income and expenses – in an organized manner?
What are some of the possible risks if you don’t keep track ofpersonal transactions?

Answer & Explanation Solved by verified expert

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How can you use accounting to manage your personal finances? What are the benefits of keeping...

90.2K

Verified Solution

Question

Accounting

How can you use accounting to manage your personal finances?What are the benefits of keeping track of personal transactions– income and expenses – in an organized manner? What are some of the possible risks if you don’t keep track ofpersonal transactions?

Answer & Explanation Solved by verified expert

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Other questions asked by students

How can you use accounting to manage your personal finances?
What are the benefits of keeping track of personal transactions– income and expenses – in an organized manner?
What are some of the possible risks if you don’t keep track ofpersonal transactions?