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Quarter Two First Year (Q2)

Objective 11 In this section you will learn how financial statements are prepared and how they interrelate during the operation of BIS Ltd. during Quarter Two, First Year, Operations O36 through O81.

We will now proceed to describe the accounting procedures for those typical transactions that are new in Quarter Two (Q2), April, May and June Y1. The cash flow for Q2 is presented in the Accounting System > Group 2 > Cash Flow Y1.

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