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  Accounting is basically defined as the systematic recording, analysis, and summarizing of financial transactions of an organization. In simple words, it can be described as a systematic process of maintaining financial records. It consists of accounting terminologies such as credit, debit, assets, liability, expenses, revenue, equity, etc. Many students studying accounting in Australia find accounting a challenging subject. Therefore, they seek all assignment help services in Australia to write assignments in accordance with the given guidelines.  The Basic Functions of Accounting There are mainly the three main functions of accounting provided by the all assignment helpers in Australia; those have been written below: Data gathering, compilation, and storage for financial transactions in a business. Through managerial reports, financial statements, and strategic planning, accounting collects data and information that can be used to make decisions. Accounting aids in th...

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