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Essay

Accounting

Essay specific features

 

Issue:

Miscellaneous

 

Written by:

Salvatore C

 

Date added:

July 15, 2015

 

Level:

University

 

Grade:

A

 

No of pages / words:

10 / 2570

 

Was viewed:

10051 times

 

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Essay content:

Accounting principles determine which financial events and transactions should be recorded in the bookkeeper's ledgers, journals, and computer printouts. The analysis and interpretation of these records is the primary function of accounting. The various financial statements produced by accountants then furnish business and other types of organizations with the basis for their financial planning and control, and provide other interested parties (investors, the government) with information they can use to make decisions about these organizations...
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First, it gives the firm's management the information to evaluate financial performance over a previous period of time, and to make decisions regarding the future. Second, it informs the general public, and particularly the firm's stockholders or those interested in buying stock, about the financial status of the firm over the previous quarter or year...
displayed 300 characters

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