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MODULE - 1 Notes Basic Accounting Principles Business Environment 62 5.1 OBJECTIVES At the end of this lesson you will be able z To maintain the books of accounts z To prepare the annual accounts 5.2 ACCOUNTING CYCLE After taking decisions such as selecting a business, selecting the form of organisation of business, making decision about the amount of capital to be invested, selectingsuitable ...PAPER 1: PRINCIPLES AND PRACTICE OF ACCOUNTING QUESTIONS
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