The following are summaries of the cash book and bank accounts of P. Maclaran who does not

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The following are summaries of the cash book and bank accounts of P. Maclaran who does not keep her books using the double entry system.

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You are required to:

(a) Calculate the value of P. Maclaran’s capital on 1 January 2011.

(b) Prepare the Income Statement for the year ending 31 December 2011.

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Frank Woods Business Accounting

ISBN: 9780273759287

12th Edition

Authors: Frank Wood. Sangster, Alan

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