ACCT001

Damanhor University

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Introduction To Financial Accounting
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4

februari 2023

2022/2023
Financial accounting is the process of recording, summarizing, and reporting an organization's financial transactions to external stakeholders such as investors, creditors, and regulatory agencies. It involves the preparation of financial statements, which include the balance sheet, income statement, and statement of cash flows. These statements provide information on an organization's financial health, performance, and cash flows. Financial accounting follows a set of generally accepted accou...
mossadahmed
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