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Owner withdraws 200 cash - PowerPoint PPT Presentation

Principles of Accounting

Principles of Accounting. Chapter 1 The Balance Sheet. What is Accounting?. The language of business Two purposes of Accounting: Record day to day financial activities of a business Summarize and report information in financial statements for analysis and decision making. Terminology.

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Owner withdraws 200 cash - PowerPoint PPT Presentation

Principles of Accounting