Question 1 What is the overall purpose of accounting? to summarize financial transactions to...
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Question What is the overall purpose of accounting? to summarize financial transactions to provide financial information that is useful to decision makers to report financial transactions to the federal government to determine profit and loss 
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What is the overall purpose of accounting?
to summarize financial transactions
to provide financial information that is useful to decision makers
to report financial transactions to the federal government
to determine profit and loss
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