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Minchanka [31]
3 years ago
13

Summary of accounting chapter 1

Business
1 answer:
slamgirl [31]3 years ago
5 0

Answer:

Chapter 1 introduces the study of accounting. Accounting is defined as a set of concepts and techniques that are used to measure and report financial information about an economic entity. Accounting consists of both external reporting issues known as “financial accounting,” and internal reporting issues related to “managerial accounting.”

Explanation:

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18%

The "Rule of 72" tells you how long it takes your money to double. Divide 72 by the interest rate to find the number of years. In this case the interest rate is "x"

72/x= 4 years

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In the balance sheet at the end of its first year of operations, Dinty Inc. reported an allowance for uncollectible accounts of
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Answer:

$114,700

Explanation:

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4 years ago
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Cost-based contract

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I think it might be B
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(Zaxbys)
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Fried Caesar, grilled Caesar, Buffalo blue, fried cobb

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