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State the Accounting as an information system
We know that accounting can be seen as provision of a service to 'clients'. Another way of viewing accounting is as a part of business's total information system. Users, both outside and inside the business, have to make decisions concerning allocation of scarce economic resources. To make sure that these resources are efficiently allocated, users need economic information on which to base decisions. It's the role of accounting system to provide that information and this would involve information gathering and communication.
DISTRIBUTION UNDER THE INTESTACY PROVISIONS When a person dies without leaving a will, his estate is distributed according to the Law of Succession Act. When a person dies, fou
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If you have 10,000 shares of common stock sold at $10 per share; and 100,000 shares authorized at $1 par value how would you show this on the balance sheet? Also if we issue 10,00
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Greek Debt Exchange On the evening of February 20, 2012 private institutional investors, representatives of the IMF, ECB, and European governments agreed to a major "intervention"
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