Recognize and define the accounting equation

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• Recognize and define the accounting equation, classify accounts as Assets, Liability, or Equity, and evaluate, record and post common business transactions.
• Assess the internal controls of a business and make recommendations for improvements.
• Review the accounting for typical current assets of an enterprise.
• Examine contemporary issues related to personal honesty and integrity in recording, protecting and reporting accounting information.
• Review the principles of accounting for current assets such as cash, accounts receivable and inventory.

Reference no: EM13343392

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