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Because the only proprietor is personally answerable for money owed and obligations incurred in reference to the enterprise, no particular rules are wanted to guard its creditors past the odd provisions of chapter regulation. Accounting is the measurement, processing, and communication of economic information about financial entities corresponding to businesses and firms. The modern area was established by the Italian mathematician Luca Pacioli in 1494. Accounting, which has been called the "language of business", measures the results of a company's financial actions and conveys this information to a big selection of customers, together with traders, creditors, management, and regulators. The terms "accounting" and "financial reporting" are sometimes used as synonyms. One of the most well-liked courses on Coursera, Marketing in a Digital World is rated by Class Central as one of the Top 50 MOOCs of All Time. This non-technical course will help you