Ownership types: Sole Partnership, Partnership, Corporations (Limited liability)

May 19th, 2015
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Accounting is a process of identifying, recording and summarizing economic information and reporting it to the end users/decision makers.

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1. Accounting is a process of identifying, recording and summarizing economic information and reporting it to the end users/decision makers.2. Event ---------(Recorded and Analyzed)---------Accountants Analysis and Recording----------(Summarized into)---------Financial Statements--------(Communicated to)--------Users3. Management Accounting is a field of accounting that serves internal decision makers such as top executives, department heads and people at other management levels within an organization.4. Form 10-k- A document that US companies file annually with SEC. It contains th

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