The owner of a business is confused, and comes to you for help. The financial statements for
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The owner of a business is confused, and comes to you for help. The financial statements for his business, prepared by an accountant, for the last accounting period revealed an increase in profit of £50,000. However, during the accounting period the bank balance declined by £30,000. What reasons might explain this apparent discrepancy?
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Related Book For
Accounting And Finance For Non Specialists
ISBN: 9780273702443
5th Edition
Authors: Dr Peter Atrill, Eddie Mclaney
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