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GCSE
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More cards in this set
Card 6
Front
If the amount involved is relatively insignificant, then the usual accounting treatment of an item can be set aside
Back
Card 7
Front
Revenue should not be recorded in the accounts until it is realised
Back
Card 8
Front
An accounting system will contain records of that organisation only
Back
Card 9
Front
Assets should be valued at cost
Back
See full card set
