Accounting: Accounting is the technique of recording the financial events and transaction occur in a business during performance of any business activity. Accounting is one of the major activity done in any organization, accounting is necessary to see the present as well as the future position of an organization. Technology: Technology in simple words is a science of doing activities in easy way instead of complex procedure. The presence of technology we see in our daily life like we use mobile phone to communicate, use washing machine to wash clothes, use computer to complete our work and many more. Book Keeping: Book keeping is the technique of recording the events and transaction of the business entity. Generally transactions related to sale, purchase, bank transactions, expenses and income are recorded. To identify : The term or phrase that complete statement.

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Answer 1

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Chapter 1, Problem 1QS

To determine

Accounting: Accounting is the technique of recording the financial events and transaction occur in a business during performance of any business activity. Accounting is one of the major activity done in any organization, accounting is necessary to see the present as well as the future position of an organization.

Technology: Technology in simple words is a science of doing activities in easy way instead of complex procedure. The presence of technology we see in our daily life like we use mobile phone to communicate, use washing machine to wash clothes, use computer to complete our work and many more.

Book Keeping: Book keeping is the technique of recording the events and transaction of the business entity. Generally transactions related to sale, purchase, bank transactions, expenses and income are recorded.

To identify: The term or phrase that complete statement.

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Answer 2

Question

Chapter 1, Problem 1QS

To determine

Accounting: Accounting is the technique of recording the financial events and transaction occur in a business during performance of any business activity. Accounting is one of the major activity done in any organization, accounting is necessary to see the present as well as the future position of an organization.

Technology: Technology in simple words is a science of doing activities in easy way instead of complex procedure. The presence of technology we see in our daily life like we use mobile phone to communicate, use washing machine to wash clothes, use computer to complete our work and many more.

Book Keeping: Book keeping is the technique of recording the events and transaction of the business entity. Generally transactions related to sale, purchase, bank transactions, expenses and income are recorded.

To identify: The term or phrase that complete statement.

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Answer 3

Question

Chapter 1, Problem 1QS

To determine

Accounting: Accounting is the technique of recording the financial events and transaction occur in a business during performance of any business activity. Accounting is one of the major activity done in any organization, accounting is necessary to see the present as well as the future position of an organization.

Technology: Technology in simple words is a science of doing activities in easy way instead of complex procedure. The presence of technology we see in our daily life like we use mobile phone to communicate, use washing machine to wash clothes, use computer to complete our work and many more.

Book Keeping: Book keeping is the technique of recording the events and transaction of the business entity. Generally transactions related to sale, purchase, bank transactions, expenses and income are recorded.

To identify: The term or phrase that complete statement.

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Answer 4

Question

Chapter 1, Problem 1QS

To determine

Accounting: Accounting is the technique of recording the financial events and transaction occur in a business during performance of any business activity. Accounting is one of the major activity done in any organization, accounting is necessary to see the present as well as the future position of an organization.

Technology: Technology in simple words is a science of doing activities in easy way instead of complex procedure. The presence of technology we see in our daily life like we use mobile phone to communicate, use washing machine to wash clothes, use computer to complete our work and many more.

Book Keeping: Book keeping is the technique of recording the events and transaction of the business entity. Generally transactions related to sale, purchase, bank transactions, expenses and income are recorded.

To identify: The term or phrase that complete statement.

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Answer 5

Chapter 1, Problem 1QS

To determine

Accounting: Accounting is the technique of recording the financial events and transaction occur in a business during performance of any business activity. Accounting is one of the major activity done in any organization, accounting is necessary to see the present as well as the future position of an organization.

Technology: Technology in simple words is a science of doing activities in easy way instead of complex procedure. The presence of technology we see in our daily life like we use mobile phone to communicate, use washing machine to wash clothes, use computer to complete our work and many more.

Book Keeping: Book keeping is the technique of recording the events and transaction of the business entity. Generally transactions related to sale, purchase, bank transactions, expenses and income are recorded.

To identify: The term or phrase that complete statement.

Answer 6

Chapter 1, Problem 1QS

To determine

Accounting: Accounting is the technique of recording the financial events and transaction occur in a business during performance of any business activity. Accounting is one of the major activity done in any organization, accounting is necessary to see the present as well as the future position of an organization.

Technology: Technology in simple words is a science of doing activities in easy way instead of complex procedure. The presence of technology we see in our daily life like we use mobile phone to communicate, use washing machine to wash clothes, use computer to complete our work and many more.

Book Keeping: Book keeping is the technique of recording the events and transaction of the business entity. Generally transactions related to sale, purchase, bank transactions, expenses and income are recorded.

To identify: The term or phrase that complete statement.

Answer 7

Chapter 1, Problem 1QS

To determine

Accounting: Accounting is the technique of recording the financial events and transaction occur in a business during performance of any business activity. Accounting is one of the major activity done in any organization, accounting is necessary to see the present as well as the future position of an organization.

Technology: Technology in simple words is a science of doing activities in easy way instead of complex procedure. The presence of technology we see in our daily life like we use mobile phone to communicate, use washing machine to wash clothes, use computer to complete our work and many more.

Book Keeping: Book keeping is the technique of recording the events and transaction of the business entity. Generally transactions related to sale, purchase, bank transactions, expenses and income are recorded.

To identify: The term or phrase that complete statement.

Answer 8

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Answer 9

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Answer 10

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Answer 11

Ch. 1 - Prob. 1MCQ Ch. 1 - Prob. 2MCQ Ch. 1 - If the assets of a company increase by $100,000...Ch. 1 - Brunswick borrows $50,000 cash from Third National...Ch. 1 - Geek Squad performs services for a customer and...Ch. 1 - Prob. 1DQ Ch. 1 - Prob. 2DQ Ch. 1 - Identify four kinds of external users and describe...Ch. 1 - Prob. 4DQ Ch. 1 - Prob. 5DQ

Solution Summary: The author explains that accounting is the technique of recording the financial events and transaction occur in a business during performance of any business activity.

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