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What is the purpose of accounting in society

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Questions -

Q1. What is the purpose of Accounting in Society?

Q2. Identify four External and four Internal users and describe how they use accounting information.

Q3. Describe the three basic forms of business organization and their key attributes in detail.

Q4. Discuss the three major business activities in organization in detail.

Q5. What information is reported in income statement and in balance sheet. Discuss and give examples for both.

Reference no: EM132543202

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