Principles of Accounting
Chapter Outlines
In this chapter, you will study about:
1) What is accounting?
2) Definition of Basic Accounting Terms
3) Accounting Doctrines, Conventions and Assumption
4) Types of Business Ownership
5) Types of Accounting Source Documents
What is accounting? Accounting is the process by which financial information about a business is recorded, classified, summarized, interpreted, and communicated to owners, managers, and other interested parties. [full_width]
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