During the first 6 months of the business, Surya is confident of making a large sale each month to a
trading business with whom he has already been negotiating. From then on, Surya will start to make
sales as a result of recommendations and advertisements he plans to place in tv and radio stations.
Surya invested £10,000 as capital in the business.
TASK 2.1
A. Do you think that cash and profits are the same? Can you think of any business transactions
that do not involve an immediate movement of cas
Please use the following books for more terminology :
Reading List for Business Finance
– Accounting, a smart approach (4th edition) by Carey and Knowles
-Accounting, a smart approach (3rd edition) by Knowles et al.