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Mr S Africa is the owner of SA Traders. On 31 March 2021, the following list of balances was extracted from the accounting records of

Mr S Africa is the owner of SA Traders. On 31 March 2021, the following list of balances was extracted from the accounting records of SA Traders: Land and buildings - R1 340 000 Trade receivables - R34 800 Income received in advance - R13 780 Mortgage loan - R830 500 Unfavourable bank balance - R22 068

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