List four defining characteristics of social accounting

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Problem 1: ' In a system which uses several special journals, it is not necessary to have a general journal'. Do you agree? Explain by providing 5 examples.

Problem 2: Outline 3 differences in the closing entry process between a sole trader and a private company

Problem 3: Discuss and explain 5 differences between accrued and deferred adjusting entries.

Problem 4: List 4 defining characteristics of social accounting

Problem 5: Referring to the sustainable development goals, provide 2 examples, and explain how a corporation can use social accounting to discharge its accountability towards its social and environmental impact.

Reference no: EM132807219

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