Accounting Chapter 6
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The purpose of the afda is to ensure that the. 5.0 (3 reviews) the income statement includes all changes in owner's equity except those resulting from investments or withdrawals of assets by the owner. Fiscal year a fiscal period. Sets found in the same folder. 1.3 describe typical accounting activities and the role accountants play in identifying, recording, and reporting.
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1 Inventory 11 Units At $Feb.
Web chapter 6 important accounting vocab words. The purpose of the afda is to ensure that the. 1.2 identify users of accounting information and how they apply information; Terms in this set (12) fiscal period the length of time for which a business summarizes and reports financial information.
S S T=2500 \Quad S S A=1200 \Quad S S B=1000 \Quad S S E=280 Sst = 2500 Ssa = 1200 Ssb =1000 Sse = 280.
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