Class Notes Chapters 1 and 2

Class Notes Chapters 1 and 2 - The University of Texas at...

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The University of Texas at Austin McCombs School of Business ACC 310F: Foundations of Accounting Class Notes – Chapters 1 and 2 Overview In sports like football, baseball and soccer, you know whether your team is winning or losing a game based on the score. Likewise in business, companies need to know how they are performing. In this section, you'll learn not only how accounting helps measure a company's success or failure, but also the various groups who use accounting information. If we decide to start a beverage company called DaveCo: What resources do we need to start the business? Where can we get the funding for these resources? What information do we need to help run the business? How should we track the company’s results? Source Documents and Transactions Page 1
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Financial Reports Lemonade Tycoon Page 2
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Financial Statements Apple, Inc. Financial Statements Financial Statement Relationships Major Types of Accounting Financial Managerial Tax Page 3
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This note was uploaded on 10/04/2011 for the course ACC 310F taught by Professor Verduzco during the Fall '07 term at University of Texas at Austin.

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Class Notes Chapters 1 and 2 - The University of Texas at...

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