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ACCT 301 Week 8 Final Exam

ACCT 301 Week 8 Final Exam 1 TCO 1 What is the accounting equation Suppose your company sold 12000 in merchandise to a customer for cash. How does this transaction impact the accounting equation Points 17 2. (TCO 2) What are the four basic financial statements? Describe the balance sheet and explain why it is important 3 What is the Sarbanes Oxley Act Do you think this act has more importance for the accounting profession or for investors Why

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35 Other / Other University of Phoenix / ACCT 301 06 Nov 2015