Question 1:
What is the accounting equation, and why is it important?
Question 2
Question 1:
What is the accounting equation, and why is it important?
Question 2:
What is the difference between accrual and cash accounting?
Question 3:
What are adjusting entries, and why are they necessary?
Question 4:
What is depreciation, and how is it accounted for in financial statements?
Include the answer in a .doc file. Also include a plagiarism report.