What are the four basic financial statements

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Reference no: EM13767307

Post a 100-200 - word response for each of the following (bulleted) questions:

Which step in the communication process do you consider most important? Why do you think this?
How has technology changed the communication process? Provide examples.

Post a 150-200 - word response for each of the following (bulleted) questions:

What are the four basic financial statements? What is the primary purpose of each of the four basic financial statements? In your opinion, which financial statement is the most important? Explain why.

Why do accountants debit asset accounts to increase them but credit liability accounts to increase them? Why do accountants debit expenses to increase them but credit revenues to increase them?

Reference no: EM13767307

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What are the four basic financial statements : What are the four basic financial statements? What is the primary purpose of each of the four basic financial statements? In your opinion, which financial statement is the most important? Explain why.

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Identify the four basic financial statements : Identify the four basic financial statements. Describe the purpose of each of the four financial statements.

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