BOOKKEEPING NC III FINANCIAL STATEMENTS FOR A SERVICE BUSINESS AND THE FUNDAMENTAL ACCOUNTING EQUATION Learning Objectives 1. Define and identify the basic elements of accounting-assets,…
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1. Chapter 3 2. 3. Compare and contrast the accounting equation with 85% accuracy by: a. Balancing the accounting equation b. Listing & defining its parts c. Recording…
1. Mba4help.com Jose Cintron, MBA-CPC (954) 374-8298 [email protected] Accounting Principles 1 2. www.mba4help.com Accounting Accounting is the art of recording, summarizing,…
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Basic Concepts of Financial Accounting The Basic Accounting Equation Financial accounting is based upon the accounting equation. Assets = Liabilities + Owners' Equity…
Basic Concepts of Financial Accounting The Basic Accounting Equation Financial accounting is based upon the accounting equation. Assets = Liabilities + Owners' Equity…