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What is the accounting equation

Assignment Help Accounting Basics
Reference no: EM132875659

Questions -

Q1. What is the difference between cost of goods sold, sales, and gross profit?

Q2. Define in your own understanding what is a business transaction.

Q3. What is the accounting equation?

Q4. Define balance sheet.

Q5. List the types of financial statements.

Reference no: EM132875659

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