1.Define the principles of Accounting and their relevance to a business.
2.What is the relevance of a chart of account to a business?
3.Why do we use Accruals vs. Cash Accounting?
4.What is a reversing entry? Give an example.
5.Define the relationship between the Income Statement and the Balance Sheet.
And solve the questions attached please….
THE BOOK NAME: Hospitality Industry Financial Accounting (Fourth Edition) .
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