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| Topic: |
Business
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| Number of pages / Number of words: |
5 / 1209 |
Essay's paper body
The exact information given can differ according to the accounting standards used in creating financial accounts (“QuickMBAâ€, 1999). Financial accounting is performed according to the Generally Accepted Accounting Principles (GAAP) guidelines. (Phillip, Libby, Libby, 2006) The three main statements include: (1) A statement of the revenues earned and the expenses incurred in the last financial period...
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Financial accounting is performed according to the Generally Accepted Accounting Principles (GAAP) guidelines. (Phillip, Libby, Libby, 2006) The three main statements include: (1) A statement of the revenues earned and the expenses incurred in the last financial period. The result is the net profit or loss...
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