The following information was extracted from the computerized records of Trencreek Ltd as at 30 April 20X7.
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The following information was extracted from the computerized records of Trencreek Ltd as at 30 April 20X7.
The above information includes all balances with the exception of the bank balance, which may show there is cash in the bank or there is an overdraft with the bank.
You are required to prepare a statement of financial position for Trencreek Ltd, as at 30 April 20X7 and find the balancing figure for the balance with the bank.
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