how to write letter with the use of intext referencing wherever appropriate to the Managing Partner of your accounting firm explaining.

• Explain with reference to the appropriate accounting definition the accounting element that was debited on the 18^th of January

Jan 18 Fantastic Festivals purchased 2 new white marquees for the business from Party Universe Pty Ltd. The marquees cost $7,500 each, 65% of the purchase was paid for in cash, with the balance payable in 30 days.

• Belle would like a clear explanation of how the Trial Balance differs from the Balance Sheet and Profit and Loss Statement because she says that "as far as she can see they appear to list the same accounts"