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(a) Susan attended the stocktake on thirty June and observed the shopper adopted the stocktake Guidance. She selected various merchandise for examination stock with the clients inventory sheets and all were observed to generally be correct.

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Accounting is also referred to as the "language of business" mainly because it entails the entire process of measuring and evaluating the outcomes with the economic routines of an organisation in addition to conveying the information to all of the appropriate get-togethers.

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b. Supply an example of a business study problem that will be investigated utilizing a positivist check out of the globe.

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Immediately after passing the journal entries authorities tends to make sure to supply them While using the ledger accounts For each journal entry to check the accounting balance of every account.

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