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Unless you are an accounting graduate, trying to understand accounting can be difficult and time consuming. However, it is so important to grasp the concepts since accounting is used in so much of our daily lives. We use it to balance our checkbooks, read company financial statements, and to understand how to amortize your mortgage payments for early payoff, for example.  In my book "Accounting is Not a Foreign Language", I help to clarify those foggy areas in learning the basics.  To purchase a copy, go to or

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