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Question 4 a) Outline three differences between book-keeping and financial accounting. (6 marks) b) Identify any two differences between capital expenditure and revenue expenditure. (4

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Question 4 a) Outline three differences between book-keeping and financial accounting. (6 marks) b) Identify any two differences between capital expenditure and revenue expenditure. (4 marks) c) Outline 2 differences between the reducing balance method and the straight-line method of charging depreciation. (4 marks) (Total: 14 marks)

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