Your friend is puzzled that the topic of contracts has come up in your accounting class. Says

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Your friend is puzzled that the topic of contracts has come up in your accounting class. Says he, Contracts are the business of lawyers, not accountants. Why are we studying contracts in an accounting class? Educate your friend.

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Financial Accounting Information For Decisions

ISBN: 978-0324672701

6th Edition

Authors: Robert w Ingram, Thomas L Albright

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Question Posted: Jun 22, 2012 12:48 AM

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Your friend is puzzled that the topic of contracts has come up in your accounting class. Says

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The major purpose of business is to transform resources Accord...View the full answer

Financial Accounting Information For Decisions

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