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What Accounting DoesWhat Accounting Does
Accounting is a system that providesAccounting is a system that providesinformation on:information on:
Amounts of resources.Amounts of resources.
How resources were financed.How resources were financed.
Results achieved by using resources.Results achieved by using resources.
For either:For either:
Parties inside and outside of the organization.Parties inside and outside of the organization.
Profit and nonprofit organizations.Profit and nonprofit organizations.
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