The two accounts below were taken from the books of a retailer at the end of his financial year, 31 December 19X7 Required Answers to the following questions Insurance Account Dr 19X7 19X7 Jan 1 Balance 80 Dec 31 Profit and loss Jan Dec Bank 540 Dec 31 Balance c d 620 14828 530 620 Dec 31 Balance b...

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The two accounts below were taken from the books of a retailer at the end of his

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The two accounts below were taken from the books of a retailer at the end of his financial year, 31 December 19X7.

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Answers to the following questions.
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ISE Business Accounting Volume 1

ISBN: 9780273638391

8th Edition

Authors: Frank Wood, Alan Sangster

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Question Posted: May 24, 2024 02:03 AM

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The two accounts below were taken from the books of a retailer at the end of his

Question:

Insurance Account Dr 19X7 19X7 Jan 1 Balance 80 Dec 31 Profit and loss Jan-Dec Bank 540 Dec 31 Balance c/d 620 14828 530 620 Dec 31 Balance b/d 90 Rent Receivable Account Dr Cr 19X7 19X7 Dec 31 Profit and loss 885 Jan 1 Balance 60 Dec 31 Balance c/d 75 Jan-Dec Bank 900 960 960 Dec 31 Balance b/d 75

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ISE Business Accounting Volume 1

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