Week 6 Day 3 Exercise - gather, one may be better suited,...

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1. Exercise: Financial Statements due 1/26/2010 in individual forum Post one or two new concepts you learned from each of the PhxKlips In the section that dealt with the Pizza shop, I discovered that single step and multi step accounting can be used to determine the same information. However, depending on the exact information you need to
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Unformatted text preview: gather, one may be better suited, than another. I was unaware that both styles were valuable alternatives to the accounting practice. In the Four Basic financial statements, I was able to finally being to grasp some of the written concepts with the visual (spread-sheet) realities....
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This note was uploaded on 12/13/2011 for the course ACCOUNTING ACC 280 taught by Professor Kenfredrickson during the Spring '09 term at University of Phoenix.

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