An employee of a wealth management company
You are an employee of a wealth management company, you are auditing the chart of account for clent. You notice that all receivables are treated as assets and all payables as liabilities in the chart of accounts, is this correct, explain?
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Compute (2) breakeven point in units of product (2) break even point in sales (3) the number of unit product that must be produced and sold to achieve a profit of Rs.10000 and (4) thesales revenue required to achieve a profit of Rs.10000.
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