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What is likely to happen if your business books of account is not correctly and accurately recorded.
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[QUOTE="TOZZIBLINKZ, post: 231334, member: 37528"] [I]Perfection , accuracy , and correctness in business is something a business owner , a business employer , or an entrepreneur must strive to attain by all means especially when carrying out business activities and practices such as bookkeeping etc . Although no one is completely perfect and sometimes we are prone to make errors and mistakes , but we must make sure not to make unnecessary errors and mistakes which are not worth making . Bookkeeping is a veryimportant factor in business and every businessman and they want to carry out . Bookkeeping involves the recording of business , financial and monetary activities both in past and present , so as to be able to make positive and proper business decisions . A business books of account must be correctly and accurately recorded , so as to be well-informed about how far a business have gone , and to what extent the business has accomplished , and also in what areas the business is must endeavour to develop . Improper recording of business books of account makes an individual or a business owner unsure of his decisions carried out in the course or process of carrying out business dealings and doings . Improper recording of business books of account could lead to insolvency of the business , since figures and numbers in the books of accounts are likely to be replaced with inaccurate and unsure numbers . [/I] [/QUOTE]
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What is likely to happen if your business books of account is not correctly and accurately recorded.
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