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Essay Details:
Essay text:
And I record all of hand by hand.
A) What accounting information and records does the business have?
According to Ms Wang, this business has cash book, accounts payable, accounts receivable, journals, stock record, sales book, trail balance, profit and loss account, balance sheet, accounts of limited company, and as accounting information. Then the employee keeps receipts, invoice, and bills as source documents.
CASH BOOK
It records the cash receipt and cash spend of the star bookstore everyday
ACCOUNTS PAYABLE
The accounts used to record all the paying offal the invoices for goods and services that are purchase by the firm, for example the star bookstore purchase the magazines, or cartoon books...
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