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(c) Prepare the Statement of Financial Position as at 31 December 2022, under the captions of Total Assets, Total Liabilities, Total Equity, Total Liabilities

(c) Prepare the Statement of Financial Position as at 31 December 2022, under the captions of Total Assets, Total Liabilities, Total Equity, Total Liabilities and Equity. (d) Prepare year-end closing entries. (20 marks) (15 marks)

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