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In January 1,2018, Mr Heng open a business buy-sell Bikes, he invest $10,000 for cash, and during the month has the transaction as follow: Buy
In January 1,2018, Mr Heng open a business buy-sell Bikes, he invest $10,000 for cash, and during the month has the transaction as follow: Buy bikes 20 units,in each $400 for cash Sell bikes 12 units, sale price $500 Other expense for January $200 Required: a) Prepare the statement of profit or loss b)Prepare the statement of financial position
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