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What two main financial statement prepared in small business

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Reference no: EM132544264

Question 1: Which component is generally the largest cash outflow in a retail business?

Question 2: What are the two main financial statements prepared in a small business?

Question 3: You have purchased a computer for your business and pay for it in full at the time of purchase with a business cheque ; write down the correct entry for the purchase that you made on behalf of the company.

Reference no: EM132544264

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