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INTRODUCTION TO FINANCIAL ACCOUNTING cont'd. (2)PARTNERSHIP. This is a type of business where two or more persons put their resources together to.. 1.5.2 Management accounting. 1.5.3 Cost accounting . information or external use (financial accounting function). Irrespective of . Write short notes on a).. free stuff for Accounting II Internet Lecture Notes. . are fastest with 2-page outlines . Taken from Financial And Managerial Accounting by Needles, Powers, and.. 2. Title of statement. 3. Specific date. (financial snapshot at a specific point in time). 4. . Accounts payable. Amounts owed to suppliers for prior purchases. Notes.. 2 Define terminology related to departmentalized accounting concepts and principles . 8 Prepare financial statements for a departmentalized business . 9 Define accounting terms related to notes payable, prepaid expenses, and accrued. c952371816
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