Friday, October 26, 2012

BUS600 ProSem: Chapter 3 - Accounting


The Balance Sheet: The listing of what a company owns and owes at a point in time

The Statement of Cash Flows: The summary of how a company generates and uses its cash during a period of time

Opinion: I have learnt some accouting related knowledge from this chapter, such as features of accounts, nature of accounts, analyze the earning, report accuracy, accounting problem, and etc.

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