Basic Accounting :for Students, Teachers and Other Desirous of learning the finer points of Accountancy
Material type:
- 9789385868856
- 657.1 RAM
The module covers the basics of financial accounting, focusing on definitions and roles of stakeholders such as shareholders, creditors, customers, and regulators. It introduces key accounting terms and fundamental concepts through illustrative transactional examples involving a fictional business, Quick Parcel, Inc. The importance of income statements, their components, and the relationship between balance sheets and income statements are emphasized, enabling learners to understand basic financial reporting.
English
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