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Accounting for Decision Making

MAA103 Study Guide - Final Guide: Indirect Costs, Debt Ratio, Income Statement

Accounting Definitions: Accountings role: provide financial information required for making decisions with regards to money and business issues. It is a mean of communication and means of measuring business activity Corpor...

Business and Law
MAA103 Study Guide - Final Guide: Quick Ratio, Income Statement, Fixed Cost

Q1: 1 March Transaction Table Date Assets Liabilities Owners Equity 1 +160,000 cash +160,000 Capital 2 +600,000 office building +540,000 Bank loan +60,000 GST Paid 60,000 Cash 5 3300 cash 1000 computer equipment +3000 comp...

Business and Law
MAA103 Study Guide - Final Guide: Quick Ratio, Accounts Receivable, Profit Margin

Q1: As accounting methods have progressed alongside the use of technology, the need for regulatory processes and monitoring methods in order to ensure all entities are following the laws have also increased. This means reg...

Business and Law
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