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2. (a) Classify the following into assets, liabilities, capital, revenue, and expenses: [1- (i) Return inward (ii) Bank overdraft (b) Calculate total assets: Capital 40,000,

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2. (a) Classify the following into assets, liabilities, capital, revenue, and expenses: [1- (i) Return inward (ii) Bank overdraft (b) Calculate total assets: Capital 40,000, Creditors *30,000, Revenue earned 75,000, Expenses 20,000. (c) Describe the steps in Accounting Process

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