a).Financialinformationhavedifferentgroupofusers.Mentionanysix(6)groupsoffinancial informationusersandbrieflyoutlinetheirinformationneeds.
a).Financialinformationhavedifferentgroupofusers.Mentionanysix(6)groupsoffinancial informationusersandbrieflyoutlinetheirinformationneeds.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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a).Financialinformationhavedifferentgroupofusers.Mentionanysix(6)groupsoffinancial
informationusersandbrieflyoutlinetheirinformationneeds.
b).
EnterthefollowingtransactionsinageneraljournalforthemonthofJuly2019
1st
Startedbusinesswith¢9,750cash
2nd
Receivedaloanof¢12,000fromBarnesbycheque
3rd
Boughtacomputerforcash¢6,000
5th
BoughtacameraoncreditfromKodakltd¢4.020
8th
Took¢2,000outofthebankandputitinthecashtill
15th
PaidpartofBarnes’sloanbycheque¢5,000
17th
PaidKodakLtd¢4,020bycheque
24th
FinalpaymentofBarnes’sloanbycash
31st
BoughtaprinteroncreditfromF.Jones¢2,550
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