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Q. Redemption of debt?
Equity finance is permanent capital that doesn't need to be redeemed while debt finance will need to be redeemed at some future date. Redeeming a huge amount of debt can place a severe strain on the cash flow of a company although this can be addressed by refinancing or by using convertible debt.
What is the best way of doing reconciliations of control accounts like Purchases Ledger Control vs Purchases Ledger and Sales Ledger Control vs Sales Ledger
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