There are 4 main approaches in preparing final accounts where there are insufficient records.
a)Estimating income from the net assets.
b)Estimating income from the use of ratios.
c)Use of a simple cashbook and bank statement.
d)Use of control accounts.
Titany answered the question on December 14, 2021 at 09:21
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Date posted: December 10, 2021. Answers (1)