Alpha Geek

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    Polytechnic State University Sanluis
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Category > Business & Finance Posted 20 Jun 2017 My Price 5.00

The owner of a business is confused, and comes to you for help

The owner of a business is confused, and comes to you for help. The financial statements for the business, prepared by an accountant, for the last accounting period revealed an increase in profit of £50,000. However, during the accounting period the bank balance declined by £30,000. What reasons might explain this apparent discrepancy?

 

Answers

Alpha Geek
(8)
Status NEW Posted 20 Jun 2017 11:06 AM My Price 5.00

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Attachments

file 1497958628-2204381_1_636330995755439109_cash-flow.xlsx preview (182 words )
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