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Acc CH 2

- The document discusses business accounting concepts like profit, expenses, assets, liabilities, and equity. - It explains how the balance sheet, which lists a company's assets, liabilities, and equity, is used to evaluate the financial health and performance of a business. - The key metrics that investors and owners look at are profit, expenses, and cash flow from operating activities, which are reported on the income statement and statement of cash flows.

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0% found this document useful (0 votes)
16 views6 pages

Acc CH 2

- The document discusses business accounting concepts like profit, expenses, assets, liabilities, and equity. - It explains how the balance sheet, which lists a company's assets, liabilities, and equity, is used to evaluate the financial health and performance of a business. - The key metrics that investors and owners look at are profit, expenses, and cash flow from operating activities, which are reported on the income statement and statement of cash flows.

Uploaded by

rathanpvt
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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