Module 7 Discussion Instructions for this Discussion Explain how routine financial transactions shape an organization's basic financial statements.  Ensure to include an explanation of key words in your response: assets, liability, revenue, expenses, cash accounting, and fund accounting.   Use Chapter 6 in the attachment to answer discussion post. .

1. Module 7 Discussion
Instructions for this Discussion
Explain how routine financial transactions shape an
organization's basic financial statements. Ensure to include an
explanation of key words in your response: assets, liability,
revenue, expenses, cash accounting, and fund accounting.
Use Chapter 6 in the attachment to answer discussion post.