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To illustrate an accounting system, we use an approach. This approach facilitates analyzing, recording, and summarizing transactions by expanding the accounting equation

To illustrate an accounting system, we use an approach. This approach facilitates analyzing, recording, and summarizing transactions by expanding the accounting equation

Intermediate Accounting: Reporting And Analysis
Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Chapter3: Review Of A Company's Accounting System
Section: Chapter Questions
Problem 5GI: Explain how the accounting equation organizes financial information using T-accounts and debits and...
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To illustrate an accounting system, we use an approach. This approach facilitates analyzing, recording, and summarizing transactions by expanding the accounting equation
Transcribed Image Text:To illustrate an accounting system, we use an approach. This approach facilitates analyzing, recording, and summarizing transactions by expanding the accounting equation
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