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1. What information the Company Snapshot in QuickBooks provides and DISCUSS the advantages of this accounting software feature. 2. Explain why an account cannot be

1. What information the Company Snapshot in QuickBooks provides and DISCUSS the advantages of this accounting software feature.

2. Explain why an account cannot be deleted from QuickBooks once it has been used in a transaction. Please use accounting principles from the International Financial Reporting Standards (IFRS) in your discussion.

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