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Q-1: a- Prepare a Balance Sheet and Cash Flow Statements for Adam's Pharmaceuticals. Cash Rs15,000 Investments Rs30,000 Land 70,000 Salary Payable Buildings 3,000 ools
Q-1: a- Prepare a Balance Sheet and Cash Flow Statements for Adam's Pharmaceuticals. Cash Rs15,000 Investments Rs30,000 Land 70,000 Salary Payable Buildings 3,000 ools 30,000 51,000 Machinery Notes Payable Capital Cash Balance (previous month): 80,000 Office Furniture 46,000 10,000 Revenues 70,010 50,000 15,000 Cash increase due to Revenue: 17000 Collection for Building purchased: 17,510 Sale of Tools: 75,000 Purchase of Land: 10500 Cash increase due to Revenue: Adam's Investment: 1500 17000 Expenses paid in Cash: 570 b- What is articulation of the financial statement means? Elaborate.
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Foundations of Finance The Logic and Practice of Financial Management
Authors: Arthur J. Keown, John D. Martin, J. William Petty
8th edition
132994879, 978-0132994873
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