For accounting purposes, what is an account? Explain why accounts are used in an accounting system.

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Financial Accounting

ISBN: 978-0078111020

7th Edition

Authors: LibbyShort

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Question Posted: Dec 12, 2011 07:20 AM

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For accounting purposes, what is an account? Explain why accounts are used in an accounting system.

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An account is a standardized format used by orga...View the full answer

Financial Accounting

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