ACC 290 Week 2 Learning Team Reflection Summary - 90400

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In week one, one learned about the four basic financial statements and how they are useful to internal and external users. One also learned the rules of debit and credit and journalizing transactions. The accounting financial statements composed of four basic financial statements. The balance sheet provides an understanding of a company’s financial condition by showing what the company owns and what it owes during a particular period...
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In week one, one learned about the four basic financial st