Explain how and why you would collect the following data about a firm to assist in the
Question:
Explain how and why you would collect the following data about a firm to assist in the preparation of its financial statements:
(a) wages paid
(b) rent paid and owing
(c) the useful life of a van
(d) level of inventory in a warehouse
(e) amount of oil in an oilwell Ij) inventory being delivered to a firm
(g) the effect of a research and development programme
(h) changes in the demand for a firm's products
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