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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
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 (-) EXPENSESStep by Step Solution
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