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Topic: Business
Number of pages / Number of words: 5 / 1138
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Accounting tracks where money goes and reports this money in various forms on spreadsheets. Accounting operates under the assumption that all entries are truthfully registered and ethical standards upheld. Without this degree of trust, economic disaster could result. The entries into spreadsheets are not just numbers, but information conveyed about the status of a business...


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The entries into spreadsheets are not just numbers, but information conveyed about the status of a business. To understand what the numbers mean, understanding the basic entries and types of spreadsheets is essential. Entries required by GAAP include the final financial position, earnings, cash flows and investments (Marshall, et al...


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