2.docx - Transactions affect the company Investors look at...

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1/19/18 - Transactions affect the company - Investors look at financial statement before sell - Creditors - Forms of Business o Proprietorship (owned by one person) o Partnership (owned by more than 2 people) o Corporation (divided into shares of stock) - Liability & Assets ( Assets = Liability + Stockholder’s Equity) o Account receivable is assets
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  • Spring '11
  • pochesci
  • Financial Accounting, Net Income, Generally Accepted Accounting Principles, stockholder’s equity

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