C214 wgu dr vs webinar - Study guides, Class notes & Summaries

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C214 WGU Dr. V's Webinar
  • C214 WGU Dr. V's Webinar

  • Exam (elaborations) • 22 pages • 2023
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  • Elements of Financial Statements (8 Questions) Answer Revenue Expenses Income Assets Liabilities Equity Revenue Answer Amount generated by sale of products and services Expenses Answer Amount incurred to manufacture products Income Answer The difference between revenues and expenses Liabilities Answer Amounts owed by the company to others Equity Answer Amounts invested in the company by shareholders Income Statement (recorded in two methods) Answer Accrual Principal = Reve...
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C214 WGU Dr. V's Webinar questions and answers 2024
  • C214 WGU Dr. V's Webinar questions and answers 2024

  • Exam (elaborations) • 13 pages • 2024
  • C214 WGU Dr. V's Webinar questions and answers 2024
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