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Facts: Phanthom Ltd was established on 1 July 2019 with share capital totalling $132,000. One year later at 30 June 2020 the trial balance of

Facts: Phanthom Ltd was established on 1 July 2019 with share capital totalling $132,000. One year later at 30 June 2020 the trial balance of the company was as follows: Account Debit Credit Cash 2...

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