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Question 1: a) Explai ur undesianding about (2m) accounting b) Explain TWO (3) purposes of accounting information. e) What is the purpose of preparation Statement

Question 1: a) Explai ur undesianding about (2m) accounting b) Explain TWO (3) purposes of accounting information. e) What is the purpose of preparation Statement of Profit or Loss (3m) and Statement of Financial Position by the company (3m)

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