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What is a chart of accounts? Is it ethical to modify a business' chart of accounts? What is the purpose of a balance sheet? How

  1. What is a "chart of accounts?" Is it ethical to modify a business' chart of accounts?
  2. What is the purpose of a balance sheet? How is a balance sheet helpful?
  3. What is a "profit and loss statement?" Is a profit and loss statement different from an income statement?

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Elementary Statistics

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