The total business wealth belongs to Paul because he is the sole owner of the business. Can
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The ‘total business wealth’ belongs to Paul because he is the sole owner of the business. Can you explain how the figure for total business wealth at the end of day 4 has arisen? You will need to look back at the events of days 1,2 and 3 (in this chapter) to do this.
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Related Book For 
Financial Accounting For Decision Makers
ISBN: 9780273688471
4th Edition
Authors: Eddie McLaney, Peter Atrill
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