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Q1. Accounting is an information system.- Why or why not? Q2. Distinguish between marginal cost and differential cost with example. Q3. Which financial statement
Q1. "Accounting is an information system."- Why or why not? Q2. Distinguish between marginal cost and differential cost with example. Q3. Which financial statement is investors' main concern? Why? Q4. Which accounting concept/principle guides recording of accrued income and accrued expense? Q5. Why do accountants record accounts in the name of organisation?
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Financial Accounting
Authors: Walter T. Harrison, Charles T. Horngren
7th edition
0135012848, 978-0135012840
