Three of the accounts in the ledger of Charlotte Williams indicated the following balances at 1 January
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Three of the accounts in the ledger of Charlotte Williams indicated the following balances at 1 January 19X0:
Insurance paid in advance £562;
Wages outstanding £306;
Rent receivable, received in advance £36.
During 19X0 Charlotte:
Paid for insurance £1,019, by bank standing order;
Paid £15,000 wages, in cash;
Received £2,600 rent, by cheque, from the tenant.
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