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A net loss occurs when expenses are greater than revenues. liabilities are greater than assets. cash inflow is less than cash outflow. the ending cash
A net loss occurs when
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expenses are greater than revenues.
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liabilities are greater than assets.
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cash inflow is less than cash outflow.
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the ending cash balance is lower than the beginning cash balance.
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European Financial Reporting Adapting To A Changing World
Authors: J. Flower
2nd Edition
0333685180, 9780333685181
