Business Class (Thiara)

Business Class (Thiara) - Accounting[Chapter17] 15:35...

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Accounting [Chapter 17] 15:35 Income Statement:  movie Balance Sheet:  snapshot Qualified statement:  states that the company has no liquidity; it is bad. Unqualified statement:  this opinion would be the best to have because this  way they don’t put your financial statements to be reviewed with more scrutiny. Sarbanes-Oxley Act:  applies only to public companies. Clean Opinion letter:  nothing is wrong. Debits are always equal to credits.  They’re always in balance. Obviamente. Primary groups that monitor US investments. SEC:  Securities and Exchange Commission [EDGAR (Electronic Data  Gathering and Retrieving) - Reporting system database for all companies] NASD:  National Association of Securities Dealers. Material Change:  A change in the affairs of a company that is expected to  affect the market value of its securities. These changes can include a change  in the nature of the business, a change in senior principal officers, or a  change in the share ownership of the company. T-Chart:  Debit on the left & credit on the right. -Debit: 
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Business Class (Thiara) - Accounting[Chapter17] 15:35...

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