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The information system that identifies, records, and communicates the economic events of an organization to interested users.
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... accounting principles) Financial accounting is governed by concepts & rules. 1. Relevant info affects decision of user 2. Reliable info trusted by users 3 ...
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Term. Balance Sheet. Definition. Assets=liabilities+equity (WIRE-Withdrawals, Investments (owners capital), Revenues, expenses) Reports 1 day in ...
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1. accounting an information and measurement system that identifies, records, and communicates an organization's business activities.
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Accounting Information and measurement system that identifies, records, and communicates relevant information about a company's business activities.
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Generally Accepted AccountingPrinciplesA set of rules used by accountants to prepare financial reports General Ledgera ledger that contains all accounts needed ...
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