Accountants employed by a business are employed in company or business entity. accounting. They work for a specific Financial Public External Private What is the total amount of equity if assets total $30,000 and liabilities total $5,000? $25,000 $5000 $35,000 refers to a common set of accepted accounting principles, standards, and procedures that companies and their accountants must follow when they compile their financial statements SEC No answer text provided. IRS GAAP Preparing a budget for the painting department is an example of area of accounting provides internal users with information. because this Financial accounting Tax accounting Managerial accounting