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1) You recently got an internship and for your first task, you have been asked to respond to a client's email. Your client Makeni &
1) You recently got an internship and for your first task, you have been asked to respond to a client's email. Your client Makeni \& Sons have sent in the below information relating to their business activities in the past month: Required: 1) Write to Makeni \& Sons, explaining the following: - whether the accounting information that were provided by Makeni \& Sons are useful and the reasons for suggesting that [15marks] - the accounting assumptions and the regulatory body that provide guidance in the development of the accounting principles. [35 marks 2) Advice Makeni \& Sons drawing on knowledge from the duality concept. Your advice should centre on what the business owns using your T-account balances. [50 marks] 1) You recently got an internship and for your first task, you have been asked to respond to a client's email. Your client Makeni \& Sons have sent in the below information relating to their business activities in the past month: Required: 1) Write to Makeni \& Sons, explaining the following: - whether the accounting information that were provided by Makeni \& Sons are useful and the reasons for suggesting that [15marks] - the accounting assumptions and the regulatory body that provide guidance in the development of the accounting principles. [35 marks 2) Advice Makeni \& Sons drawing on knowledge from the duality concept. Your advice should centre on what the business owns using your T-account balances. [50 marks]
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