Define accounting, its uses, and the role of accountants in business Explain how accounts are classified.
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Question:
- Define accounting, its uses, and the role of accountants in business
- Explain how accounts are classified.
- Explain the steps in the accounting cycle and how to prepare correcting entries.
- Apply accounting principles to properly record each classification and subclassification of accounts.
Related Book For
Introduction to Management Accounting
ISBN: 978-0133058789
16th edition
Authors: Charles Horngren, Gary Sundem, Jeff Schatzberg, Dave Burgsta
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