Accounting

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Chapter 1
Accounting and the
business world
Accounting
for Non-Accounting Students
Tenth Edition
Part 1
Introduction to accounting

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Figure 1.1
Accounting for a farmer’s wealth

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Figure 1.3
An owner’s vital question: how much
better or worse off am I now?

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Figure 1.4
A typical finance function

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Figure 1.5
Public and private entities