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Question: Compare and contrast financial and managerial accounting. Provide one specific, real-life example of how either financial accounting helps external stakeholders make informed decisions or how managerial accounting helps managers to improve operational and financial performance.
Must include: - 750 - 1200 words
- Formatted in APA 6th
- Title Page & Abstract
- At least 3 references
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Stoner Co., a building construction company, holds a 120-day, 9% note for $60,000, dated August 7, which was received from a customer on account. On October 6, the note is discounted at the bank at the rate of 12%.
Prepare the journal entry to record the completion of any job(s) during the month.(Credit account titles are automatically indented when amount is entered. Do not indent manually.)
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