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What are the purposes of accounting codes how are they used

Question - What are the purposes of accounting codes? How are they used? Discuss some examples of codes used by manufacturing firms, accounting firms, and merchandising firms, etc - more importantly, why might they be different and what's the importance of setting up the codes correctly?

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Accounting Basics: What are the purposes of accounting codes how are they used

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Accounting Basics: What are the purposes of accounting codes how are they used

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