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1.1 What is equity? What are the components of shareholders' equity? Explain each component. 1.2 what is the accounting equation and what does it demonstrate?

1.1 What is equity? What are the components of shareholders' equity? Explain each component.

1.2 what is the accounting equation and what does it demonstrate?

1.3 Describe the purposes of cost management systems.

1.4 Explain the relationship among cost, cost objective,

cost accumulation, and cost allocation.

please need answer ass soon as posible.

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