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Essay

Overview of Accounting

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Issue:

Business

 

Written by:

Rick S

 

Date added:

February 8, 2013

 

Level:

University

 

Grade:

A

 

No of pages / words:

3 / 790

 

Was viewed:

463 times

 

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Essay content:

(McNamara) In addition to accounting and finance knowledge, small business owners' should be able to generate financial statements from his accounting documents and analyze those statements to fully understand the current and future financial state of the business. The four main financial statements are balance sheets, income statements, cash flow statements, and statements of shareholders' equity...
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The four main financial statements are balance sheets, income statements, cash flow statements, and statements of shareholders' equity. (na, Beginners') The balance sheet reflects the company's assets and liabilities at a specific point in time. An income statement reflects how much money the company made as well as spent over a period of time...
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