=+You are required to draw up Macarthy's Trading and Profit & Loss Account for the year ended
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=+You are required to draw up Macarthy's Trading and Profit & Loss Account for the year ended 30th June, 1962, and his Balance Sheet as at 30th June, 1962, taking into account the following:
(a) On 30th June, 1962, his unsold stock was valued at £4,385.
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