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2. The following Trial Balance is extracted from the books of Joe on 31 December 2002: Additional information: Stock on 31 December 2002 was valued

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2. The following Trial Balance is extracted from the books of Joe on 31 December 2002: Additional information: Stock on 31 December 2002 was valued at $13,456. You are required to prepare the: (a) Trading Account showing the cost of sales; (b) Profit and Loss Account for the year ended 31 December 2002; (c) Balance Sheet as at 31 December 2002

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