College Accounting, Chapters 1-15
23rd Edition
ISBN: 9781337794763
Author: HEINTZ, James A.
Publisher: Cengage Learning,
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Textbook Question
Chapter 1, Problem 1SEA
PURPOSE OF ACCOUNTING Match the following users with the information needed.
1. Owners a. Whether the firm can pay its bills on time
2. Managers b. Detailed, up-to-date information to measure business performance (and plan for future operations)
3. Creditors c. To determine taxes to be paid and whether other regulations are met
4. Government agencies d. The firm’s current financial condition
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College Accounting, Chapters 1-15
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