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| Pregunta | Respuesta |
| Accounting | The information system that identifies, records, and communicates the economic events of an organization to interested users |
| Assets | Resources of a business owner |
| Balance sheet | A financial statement that reports the assets, liabilities, and stockholder's equity of a company at a specific date |
| Basic Accounting Equation | Assets = Liabilities + Stockholder's Equity |
| Bookkeeping | A part of accounting that involves only the recording of economic events |
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