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“Should individuals and small businesses run their own accounts, or should they leave it to the...

“Should individuals and small businesses run their own accounts, or should they leave it to the professionals?”

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Individuals and small businesses should have a knowledge of accounts and finance so that they can prepare their own accounting records. This will give them a sense of independence about not depending on professionals to maintain their accounts. Also, for a small business and individuals, this saves cost and a big expenditure can be saved if a professional knows how to maintain his own accounts.

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