Travis Dorso-Unit 1 Assignment

Travis Dorso-Unit 1 Assignment - Users of Accounting...

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Users of Accounting Information and Their Needs User Group Needs Information About Company Management The profitability of each division in the company Stockholder The prospects for future dividend payments Labor Union The profitability of the company since the last contract with the workforce was signed Securities and Exchange Comminsions The financial status of a company issuing securities to the public for the first time Banker The prospects that a company will be able to meet its interest payments on time Supplier The prospects that a company will be able to pay for its purchases on time Internal Revenue Service The profitability of the company based on the tax code
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Avon Consulting Inc. Balance Sheet - December 31,2008 Assets Liabilities and Stockholders' Equity Cash $21,000.00 Accounts Payable $13,000.00 Accounts Receivable $16,000.00 Capital Stock $20,000.00 Supplies $9,000.00 Retained Earnings $56,000.00 Furniture and Equipment $43,000.00 Total Assets $89,000.00 Total Liabilities and Stockholders' Equity
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This note was uploaded on 01/26/2012 for the course BUSINESS Accounting taught by Professor N/a during the Spring '11 term at Kaplan University.

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Travis Dorso-Unit 1 Assignment - Users of Accounting...

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