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Why is interest allowed on capital and interest charged

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Reference no: EM132506211

Question 1: Write short notes on the following:

(a) Direct Debits and standing orders

(b) Debenture and Dividends

(c) What is cash-flow statements

(d) In partnership accounts why is interest allowed on capital and interest charged on Drawings.

(e) Sources of income for non-profit organizations

Reference no: EM132506211

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