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Preparing Final Accounts from Incomplete Records by hiral dattani is a document available to read on EtoBox.

1) Lucky did not maintain proper books but provided some financial information from which accounts could be prepared. 2) Key figures included debtors of Rs. 1,02,500, creditors of Rs. 46,000, stock of Rs. 50,000 and fixed assets of Rs. 7,500 as of 1/1/2003. 3) Accounts were prepared from the information provided, including a Trading and Profit & Loss Account and Balance Sheet as of 12/31/2003.

Author

hiral dattani

Language

EN