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QUESTION
How does the treatment of owner's equity vary between financial accounting and managerial finance? Why does it
How does the treatment of owner's equity vary between financial accounting and managerial finance? Why does it
differ?
Do not confuse it with the difference between financial accounting and managerial accounting.
The economic activity where the exchange of goods and services is done between two or morepersons for a mutual gain of profit is called as business. The systematic recording of businesstractions...