3.4 Lory & Cos balance sheet as at 31 December 2004 included the following accounts (arranged here...
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3.4 Lory & Co’s balance sheet as at 31 December 2004 included the following accounts (arranged here in random order):
(a) Prepare a balance sheet of PB Ltd as at 31 December 2004 from the information listed using the vertical format. Bear in mind that there is a missing item which needs to be determined and inserted.
(b) Discuss the significant features revealed by this financial statement.
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Related Book For
Financial Accounting An International Approach
ISBN: 9780273693192
1st Edition
Authors: Prof Jagdish Kothari, Elisabetta Barone, Barone Kothari
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