7. [Basic accounting concepts] Explain why the definitions of assets and liabilities affect accounting standards and, therefore,
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7. [Basic accounting concepts] Explain why the definitions of assets and liabilities affect accounting standards and, therefore, the preparation of financial statements
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Related Book For 
The Analysis And Use Of Financial Statements
ISBN: 9780471375944
3rd Edition
Authors: Gerald I. White, Ashwinpaul C. Sondhi, Haim D. Fried
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