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Define internal control and explain its purpose. Identify and apply the principles of internal control Describe and explain the purpose of debt and share investments

Define internal control and explain its purpose.

Identify and apply the principles of internal control

Describe and explain the purpose of debt and share investments .

Identify and describe the investment classifications Explain the nature of accounts receivable and how they are recorded in the accounting system .

Explain the nature of notes receivable , carryout calculations involving their use , and prepare journal entries to record notes receivable transactions .

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