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1. To prepare company balance sheet for the beginning of period: Accounts receivable Trade creditors Cash Bank short term loans Share capital Retained earnings Tax

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1. To prepare company balance sheet for the beginning of period: Accounts receivable Trade creditors Cash Bank short term loans Share capital Retained earnings Tax debt Furniture Inventory Received prepayment License 2400 1200 5200 8000 4000 900 2500 7500 1500 400 400

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