principle of accounting 2

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Assignment 1: Discussion—Frequently used Financial Reports

By the due date assigned, respond to the following in the Discussion Area below:

As a small business owner in today’s economy:

  • What three financial reports would you use on a regular basis?
  • What information would you find on each statement?
  • What decisions might each statement help you make?

Please provide specific examples.

Be sure to cite any sources using APA style. You may use this APA Citation Helperas a guide.

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