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Harrahs Crm Success Story Date: 21st March 2017ACCOUNTINGAccounting is art of recording, classifying, summarizing and interpretation of results. Accounting is a process of recording the financial Transactions.E.g. Recoding a daily expense for a home maker is an accounting statement for his home.Business [pic 1] Journal [pic 2] Ledger [pic 3] Trial Balance [pic 4] Balance Statement / Income statement/ Profit & Loss Statement (Analyzed for vision.