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Expense Profit and Loss account entry Current Asset Current Liability Rent General expenses Insurance Salaries Rates The following additional information is available at 31 August

Expense	Profit and Loss account entry	Current Asset	Current Liability
Rent
General expenses
Insurance
Salaries
Rates

The following additional information is available at 31 August 2008

Amounts owing:	Rent	500
	General Expenses	521
	Salaries	729
Amounts paid for the year ending 31 August 2009:	Insurance	341
	Rates	812

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