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Establishing a Financial Record Keeping System

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Abstract

Managers need to know all of the financial transactions which take place during each trading day. Information is needed about the:

• Level of sales

• Amount of stock purchased

• Amount of money owed to suppliers

Expenses such as rent and rates.

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© 1993 Sally Messenger and Humphrey Shaw

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Messenger, S., Shaw, H. (1993). Establishing a Financial Record Keeping System. In: Financial Management. Palgrave, London. https://doi.org/10.1007/978-1-349-13080-1_3

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