You feel new-fangledly been remunerated by Davis & Company, a slight general accounting fixed. One of the fixeds partners, Alice Davis, has asked you to communicate with a disgruntled client, Mr. Sean Pitt, proprietor of the citys largest hardware hoard. Mr. Pitt is applying to a national bank control a true mortgage to redress his hoard. The bank requires accrual naturalized financial statements barring Mr. Pitt has constantly kept the companys chronicles on a money basis. He does referable perceive the resolve of accrual naturalized statements. His most new-fangled eruptation went bigwig love this: After complete, I garner money from customers, wild my bills in money, and I am going to wild the bank mortgage with money. And, I already exhibition my construction and equipment as goods and derogate them. I equitable dont perceive the tenor.
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