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Business BTEC - Unit 3 - Learning Aim C
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2
September 2023
2023/2024
A+
Purposes of accounting an organization - correct answer - Needs to be Recorded
- Management of Business
- Compliance
- Measuring Performance
- Control
double-entry bookkeeping - correct answer the practice of writing every business transaction in two places
Where are income and expenses summarised? - correct answer Profit and Loss Statement
Where are assets and liabilities summarised? - correct answer Balance Sheet
Revenue Income - correct answer Income that is related to th...
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