Question 4: a) Who is the Father of Accounting? b) Explain his contributions?
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A: The answer for the multiple choice question and relevant explanation are presented hereunder :
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A: “Since you have asked multiple questions, we will solve the first question for you. If you want any…
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Q: Q4.a)Who is the Father of Accounting? b) Explain his contributions?
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Question 4:
- a) Who is the Father of Accounting?
- b) Explain his contributions?
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- Hw.226. Give a detailed account what accounting theory stands for within the general framework and what student of accounting will miss if he/she does not study accounting theory?What is your insight/reflection about accounting?What are three questions business owners and managers can answer by looking at accounting information?
- Question 4.What do you know about Accounting Equation? Illustrate its mechanism byimaginary facts to prove that the two sides of the equation are always equal.Furthermore, what is Owner’s Equity? Give an equation for calculating owner’sequity.What are the importance of Accounting in our life? How Accounting affects the modern life and Is accounting good for us? Why or why not?What is the significance of accounting to people?