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As a consultant explain to your staff how the absence of Trial Balance will affect the preparation of the financisal statement?                 Discuss, using practical example how to the absence of double entry principles will affect the preparation of financial statement?                                                                  Demonstrate, using practical example how to prepare accounts from the Sales day book and Sales return day book?

As a consultant explain to your staff how the absence of Trial Balance will affect the preparation of the financisal statement?                 Discuss, using practical example how to the absence of double entry principles will affect the preparation of financial statement?                                                                  Demonstrate, using practical example how to prepare accounts from the Sales day book and Sales return day book?

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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As a consultant explain to your staff how the absence of Trial Balance will affect the preparation of the financisal statement?                

Discuss, using practical example how to the absence of double entry principles will affect the preparation of financial statement?                                                                 

Demonstrate, using practical example how to prepare accounts from the Sales day book and Sales return day book?                      

 

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