Discuss companies to prepare and issue financial statements

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In order for companies to prepare and issue financial statements, their accounting equations (debit and credits) must be in balance at year end. Discuss how errors and misstatements may occur given this requirement.

Reference no: EM131797793

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Discuss companies to prepare and issue financial statements : their accounting equations (debit and credits) must be in balance at year end. Discuss how errors and misstatements may occur given this requirement
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