Fundamentals of financial accounting phillips 3rd ed pdf

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Accounting utilizing the first thirteen chapters of wilds bestselling, financial and managerial accounting text, financial accounting fundamentals responds to the markets request for a lowcost, succinct book. The business itself, not the individual stockholders who own the business, is viewed as owning the assets and owing the liabilities on its balance sheet. Fundamentals of accounting lessons learning objectives in todays business world, accounting is considered as the universal language of business because it is the vehicle for reporting financial information about a business entity to users such as shareholders and managers. Its writing style makes it easy to read and understand, while the selection of real focus companies reinforces the relevance of accounting by introducing students to accounting and business activities in the context of their favourite companies. Baxter scholar at the university of saskatchewan, where he teaches introductory financial accounting. Fred phillips is a master teacher and professor of introductory accounting at the. This course will teach you the tools youll need to understand the fundamentals of financial accounting.

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