#titleIntermediate accounting, Accounting Basics

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Notes to financial statements

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Gwinnett Park Co. reported net income of $506,600 for its fiscal year ended September 30, 2014 . At the beginning of that year, 150,000 shares of common stock were outstanding. On

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Distinctions between management and financial accounting We can observe that management accounting is less constrained than financial accounting. It may draw from a range of s

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