=+Assurance Policies for 1,000 on the life of each partner had been entered into, and the premiums

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=+Assurance Policies for £1,000 on the life of each partner had been entered into, and the premiums had been charged to Profit & Loss Account annually. The surrender values of the policies at 30th June, 1959, were:

X £400 Y £300 Ζ £300

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