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Accounting - Understanding Business Ownership Reporting in Financial Statements
Objectives:
  • Develop a working knowledge of the accounting process.
  • Explain how different forms of business ownership are reported in financial statements.
Age Level: Late secondary school/junior college

National Standards: Complies with NBEA Accounting 2023 Standard III.1.1 Explain how the different forms of business ownership are reported in the financial statements.

Materials:
  • Whiteboard
  • Markers
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