6.15 LO2/3 Your non-accountant friend has asked you to explain what is represented by the Reserve for
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6.15 LO2/3 Your non-accountant friend has asked you to explain what is represented by the ‘Reserve for Future Research & Development’ account on PHB Ltd’s balance sheet. Explain what this account represents and why it might have been created.
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Related Book For 
Accounting For Business Students
ISBN: 9781488616570
1st Edition
Authors: Peter Atrill, Eddie Mclaney, David Harvey
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