Which of the following are valid reasons for maintaining books of accounts? (i) To know whether the
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Which of the following are valid reasons for maintaining books of accounts?
(i) To know whether the business has sufficient money to pay its bills
(ii) To protect the business resources such as cash, goods for sale, furniture
(iii) To monitor whether carrying on the business is worthwhile
(iv) To satisfy the tax inspector
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Related Book For
Financial Accounting An Introduction
ISBN: 9780273737650
2nd Edition
Authors: Mr Barry Elliott, Mr Augustine Benedict
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