Accounting systems should record
A) all economic events.
B) events that result in a change in assets, liabilities, or shareholders' equity items.
C) only events that involve cash.
D) items of interest to the shareholders.

Question

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The Answer of Accounting systems should record
A) all economic events.
B) events that result in a change in assets, liabilities, or shareholders' equity items.
C) only events that involve cash.
D) items of interest to the shareholders.

Accounting Systems Should Record