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Summary of Thomas Ittelson's Financial Statements
Summary of Thomas Ittelson's Financial Statements
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Availability:
Ebook in format. Available for immediate download after we receive your order
Publisher:
Everest Media LLC
DRM:
Open - No Protection
Publication Year:
2022
ISBN-13: 9781669360056
Description:
Please note:This audiobook has been generated using AI Voice. This is a companion version & not the original book.

Sample Book Insights:

#1 The first principle is that there is a business entity separate from its owners; this entity is referred to as a company. The second principle is that all transactions must be recorded, regardless of importance, in the books.

#2 The accountant’s job is to translate the business’s financial data into a form that is suitable for management and investors. The process of doing this is called accounting.

#3 The generally accepted accounting principles, or GAAP, are the set of rules and guidelines that govern how companies prepare their financial statements.