BOOKKEEPING 2 Definition

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BOOKKEEPING is the art, practice, or labor involved in the systematic recording of the transactions affecting a business.

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ETHICAL STANDARDS, in accounting, is a written document containing basic principles and essential procedures together with related guidance in the form of explanatory and other material.

HOME EQUITY LOAN is a type of loan in which the borrower uses the equity in their home as collateral. These loans are sometimes useful to help finance a business, major home repairs, medical bills or college education.

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