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a) The following information relates to two different sole traders b) Both sole traders shown in part a) report the following three accounts. Identify the
a) The following information relates to two different sole traders b) Both sole traders shown in part a) report the following three accounts. Identify the nature of each of these accounts (i,e., assets, liabilities, equity, income, or expenses), and indicate whether the account would appear in a Balance Sheet, Income Statement, and/or Statement of Changes in Equity. (6 marks)
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