Hibo Ahmed has provided the following trial balance extracted from her books of account: Additional information at

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Hibo Ahmed has provided the following trial balance extracted from her books of account:


Additional information at 31 May 20*8

■ Stock was valued at £13,106.
■ Wages owing £814.
■ Insurance paid in advance £628.


Required

a) Prepare a trading and profit and loss account for the year ended 31 May 20*8.
b) Prepare a balance sheet at 31 May 20*8.

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