What is the purpose of the accounting system?
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# Accounting
What type of account is an expense account?
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Is finance costs included in cogs?
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What is the difference between assets and total assets?
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What are the 5 major accounts in financial statements?
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Is there a difference between costs and expenses?
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What are 4 types of transactions recorded in the cash receipts journal?
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What are the four 4 main financial statements prepared by accountants?
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What is the formula for the financial statements?
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What are the disadvantages of the cash method?
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