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College Accounting
John Price, University of North Texas
M. David Haddock, Chattanooga State Technical Comm. College
Horace Brock, University of North Texas
Connie Hahn, Southern Alberta Institute of Technology
Traven Reed, Canadore College

The Language of Business

Learning Objectives

Define accounting.

Explain why it is important to study accounting.

Identify who needs to receive financial information.

Describe generally accepted accounting principles.

Compare the three types of business entities.

State the steps in the accounting cycle.




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