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8. In one of the videos, the instructor says that in Accounting you can have minus $1,000,000, but in Finance you can't. This statement explains

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8. In one of the videos, the instructor says that "in Accounting you can have minus $1,000,000, but in Finance you can't. This statement explains what? Accounting is theory but Finance is practice Finance looks at financial performance whereas Accounting records the transactions Balance sheets can be deceptive Most income statements are only approximations

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