What is Financial Accounting?
Learn the basics of financial accounting, including activities, tools, and users. Understand the accounting equation and major financial statements. Explore ethical considerations and recording business transactions. Enhance your knowledge of credit/debit rules. Start your journey in financial accounting today!
Students are introduced to the field of financial accounting through defining the foundational activities, tools, and users of financial accounting. Students learn to use the accounting equation and are introduced to the four major financial statements. Additional topics include ethical considerations, recording business transactions, and the application of credit/debit rules.
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