College Accounting, Chapters 1-27
23rd Edition
ISBN: 9781337794756
Author: HEINTZ, James A.
Publisher: Cengage Learning,
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Textbook Question
Chapter 1, Problem 1SEB
PURPOSE OF ACCOUNTING Describe the kind of information needed by the users listed.
Owners (present and future)
Managers
Creditors (present and future)
Government agencies
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PURPOSE OF ACCOUNTING Describe the kind of information needed by the users listed.Owners (present and future)ManagersCreditors (present and future)Government agencies
which internal users need the accounting information
Name users of accounting information and explain what their needs are regarding theaccounting information.
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College Accounting, Chapters 1-27
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- The accounting process generates financial reports forboth internal and external users. Describe some of the specific groups of internal and external usersarrow_forwardWho are the èxternal user's of accounting information?arrow_forwardHow the external will use the accounting information to do decisionsarrow_forward
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