Jenny establishes a sole accounting practice on 1 July 2016 and sets up a small office with a secretary.  On 1 July 2021, her sole practice merges with an accounting firm comprising 60 partners and 500 employees.  

On which accounting basis should Jenny use after the merger?

Answer rating: 100% (QA)

After the merger the accounting basis that Jenny should use would depend on the s... View the full answer