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Financial Accounting Definition located in CA

Financial Accounting Definition

17 Richland Avenue
Santa ClaraCA  95050

(408) 294-9769


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Financial accounting is a specific branch of accounting involving a process of recording, summarizing, and reporting the myriad of transactions resulting from business operations over a period of time. These transactions are summarized in the preparation of financial statements, including the balance sheet, income statement and cash flow statement, that record the company's operating performance over a specified period.
 
Financial accounting, Finance
 

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