Question 1 who are the internal users of accounting data, Ask an Expert

Accounting

Question: 1. Who are the internal users of accounting data? How does accounting provide relevant data to the internal users?

2. Who are the external users of accounting data? Give examples.

3. What are the three main types of business activity? Give examples of each activity.

4. Listed here are some items found in the financial statements of Finzelberg. Indicate in which financial statement(s) each item would appear.

(a) Service revenue.

(b) Equipment.

(d) Accounts receivable.

(e) Common stock.

(f) Interest payable.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M92651108

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