Part A (6 marks) Identify the following accounting element and explain whether the accounting...
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Accounting
Part A marks Identify the following accounting element and explain whether the accounting adjustments would affect the current ratio where the current ratio is positive and lesser than : i Increasing the contingent liabilities for environmental fines marks; ii Decreasing the provision for legal costs within year marks; iii. Decreasing the allowance for doubtful bad debts marks
Part A marks
Identify the following accounting element and explain whether the accounting
adjustments would affect the current ratio where the current ratio is positive and
lesser than :
i Increasing the contingent liabilities for environmental
fines marks;
ii Decreasing the provision for legal costs within year marks;
iii. Decreasing the allowance for doubtful bad debts marks
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