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Alik [6]
4 years ago
5

PLEASE HELP!!!!!!! - (see attachment )Principles of account question

Business
1 answer:
Mandarinka [93]4 years ago
6 0

The answer to the below question will be as follows:

Cheque of $500 sent by a creditor not recorded Working Capital will Increase No effect on Net Profit

Stock to be written off by $370 Working Capital will be the same

Net Profit will reduce

Bad Debts written off by $500 Working Capital will be the same

Net Profit will reduce

Provision of Depreciation Increased to $500 Working Capital will be the same Net Profit will reduce

Machine of net book Value $4000 sold for $4000 No effect

No effect on Net Profit


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