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Obtain a chart of accounts from a local construction company. Compare and contrast the companys...

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Accounting

Obtain a chart of accounts from a local construction company. Compare and contrast the companys chart of accounts with the chart of accounts in Figure 2-1. Does the companys chart of accounts have any accounts that are not shown in Figure 2-1? If so, what are they and what are they used for? What is the companys core market (e.g., commercial, residential, specialty contractor)? How does the companys core market affect their chart of accounts? Come to class prepared to discuss your findings

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