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Accrual Accounting and Financial Statements

Accrual Accounting and Financial Statements. CHAPTER 4. Learning Objectives. After studying this chapter, you should be able to Understand the role of adjustments in accrual accounting Make adjustments for the expiration or consumption of assets

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Chapter 3

Chapter 3. Measuring Business Income Financial & Managerial Acct (Needles/Powers/Crosson). Slide show (Financial Accounting 4e by Porter and Norton). ...but at current value or historical cost?. Measurement: quantification of the effects of the item on the entity.

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Rent revenue 2 - PowerPoint PPT Presentation

Accrual Accounting and Financial Statements

Chapter 3