What is the purpose of accounting in business? 2.How does inventory asset and cost flows of a

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What is the purpose of accounting in business?

2.How does inventory asset and cost flows of a merchandising company?

3.What are the financial statements companies prepare,and include the purpose behind each statement?

4.Is an importance of utilizing appropriate technology in accounting?

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Fundamental Accounting Principles

ISBN: 978-0078110870

20th Edition

Authors: John J. Wild, Ken W. Shaw, Barbara Chiappetta

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Posted Date: May 10, 2024 08:27 AM

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What is the purpose of accounting in business? 2.How does inventory asset and cost flows of a

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Expert Answer:

1 The purpose of accounting in business is to provide accurate and timely financial information that helps stakeholders make informed decisions This i... View the full answer

Fundamental Accounting Principles

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