Book: Slater, Jeffrey, and Mike Deschamps. College Accounting: A Practical Approach. Pearson. 14
1. What are the financial statements and how are they calculated?
2. How would you use each financial statement, e.g. to determine “what” about the company?
3. What are closing entries and why are they needed? Be sure to include a discussion of temporary accounts.
4. What have you been wondering about relating to the themes in the chapter 5?
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