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Accounting homework: Discussion Question: answer the following questions 1 and 2. 1)Name some users of accounting information. 2)What is the role of accounting in business?

Accounting homework:

Discussion Question: answer the following questions 1 and 2.

1)Name some users of accounting information.

2)What is the role of accounting in business?

Note:( In the exercises EX 1 ? 12 , EX 1 ? 13 and PR 1 ? 1A ignore the instructions of the exercises. Only perform exercises as format expanded equation)

The exercises are attached

image text in transcribed Accounting Equation ASSETS CASH = ACCOUNTS RECEIVABLE SUPPLIES EQUIPMENT LAND Accounting Equation LIABILITIES ACCOUNTS PAYABLE + CAPITAL (-) DRAWINGS (+) REVENUES (-) EXPENSES Accounting Equation ASSETS CASH = ACCOUNTS RECEIVABLE SUPPLIES EQUIPMENT LAND Accounting Equation LIABILITIES ACCOUNTS PAYABLE + CAPITAL (-) DRAWINGS (+) REVENUES (-) EXPENSES \fAccounting Equation ASSETS CASH = ACCOUNTS RECEIVABLE SUPPLIES EQUIPMENT LAND Accounting Equation LIABILITIES ACCOUNTS PAYABLE + CAPITAL (-) DRAWINGS (+) REVENUES (-) EXPENSES Accounting Equation ASSETS CASH = ACCOUNTS RECEIVABLE SUPPLIES EQUIPMENT LAND Accounting Equation LIABILITIES ACCOUNTS PAYABLE + CAPITAL (-) DRAWINGS (+) REVENUES (-) EXPENSES

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