Notes
Chapters 15-17
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-Business Activities involving accounting
Financing
Investing
Operating
-GAAP (Generally Accepted Accounting Principles) -> IFRS (International Financial Reporting Standards)
-Accounting equation; Assets = Liabilities + Owner's equity
-Income statement: financial record of company's revenues
-failed firms blame inadequate cash flows for their company's failure
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- Grade 12 Business Studies Note on Chapters 15-17, created by romi suissa on 30/11/2016.
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- romi suissa · Nov 2016
- Updated
- Dec 1, 2016
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