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Describe the five major gaap that accountants must consider

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List and briefly describe the five major generally accepted accounting principles (GAAP) that accountants must consider when presenting financial accounting information.

The response should include a reference list. Using one-inch margins, Times New Roman 12 pnt font, double-space and APA style of writing and citations.

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Accounting Basics: Describe the five major gaap that accountants must consider

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