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Purposes of an accounting system includes all of the following except: Select one: a. Dictate...

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Accounting

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Purposes of an accounting system includes all of the following except: Select one: a. Dictate the specific types of business transactions that the enterprise may engage in b. Classify the effects of transactions to facilitate the preparation of reports. O c. Interpret and record the effects of business transactions. d. Summarize and communicate information to decision makers The amount which the proprietor has invested in the business towards the owner is called drawings. Select one: O True False

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