You may recall doing this activity in Chapter 2. Imagine you have 200 cash that you use
Question:
You may recall doing this activity in Chapter 2.
Imagine you have £200 cash that you use to buy a computer from another student. You are a bit of an opportunist and see a chance to make some money. You decide to advertise the computer for sale, which costs £10, and you sell the computer for £300 cash. You have no other business transactions. Calculate your cash position at the end the month and your profit for the month.
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Related Book For 
Business Accounting An Introduction To Financial And Management Accounting
ISBN: 9780230276239
2nd Edition
Authors: Jill Collis, Roger Hussey, Andrew Holt, Holt Collis, J. Collis
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