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BSBFIM501 Q3, Please help I have been struggling with this subject! Question 3 - Record keeping a) Go to business.gov.au and read the section 'Record
BSBFIM501 Q3, Please help I have been struggling with this subject!
Question 3 - Record keeping a) Go to business.gov.au and read the section 'Record keeping'. On what does the record keeping requirement depend? How long does a sole trader need to keep records? If records are kept electronically, do paper copies need to be kept? Give the URL of this source. URL Source: b) Go to the ASIC website and search for information on record keeping. Give the reason ASIC states written financial records must be kept (why must they be kept?). State the organisational legal structure to which this information applies. How long does this source say records must be kept? Provide the URL of the source. URL source: c) Give 3 examples of financial records that must be keptStep by Step Solution
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