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what is a financial transactions?
Question
Asked 4/3/2012 1:14:43 PM
Updated 6/17/2014 12:09:54 AM
3 Answers/Comments
Flagged by jeifunk [6/17/2014 12:08:24 AM]
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User: what is a financial transactions?

User: what is a financial transaction

User: The "bottom line" of an income statement shows the firm's:

User: _______ refers to the value that stockholders or owners have in a company.

User: _________ is the systematic write-off of the value of a tangible asset over its useful life.

User: The Statement of Cash flows identifies cash receipts and disbursements that result _______________.

Question
Asked 4/3/2012 1:14:43 PM
Updated 6/17/2014 12:09:54 AM
3 Answers/Comments
Flagged by jeifunk [6/17/2014 12:08:24 AM]
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3
A financial transaction is an agreement, communication, or movement carried out between a buyer and a seller to exchange an asset for payment.
Added 6/17/2014 12:08:23 AM
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3
Owner's equity refers to the value that stockholders or owners have in a company.
Added 6/17/2014 12:09:10 AM
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Depreciation is the systematic write-off of the value of a tangible asset over its useful life.
Added 6/17/2014 12:09:54 AM
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Questions asked by the same visitor
Gross profit represents profit after the deduction of cost of goods sold, and before the deduction of all other selling expenses, general expenses, and tax expense.
Question
Updated 6/13/2015 3:04:25 AM
1 Answer/Comment
Gross profit represents profit after the deduction of cost of goods sold, and before the deduction of all other selling expenses, general expenses, and tax expense. TRUE.





Added 6/12/2015 3:59:11 PM
This answer has been confirmed as correct and helpful.
Confirmed by jeifunk [6/13/2015 3:04:20 AM]
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