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Please find attached question for Company Accounting - liquidation QUESTION 1 McWilliams and Company Limited went into voluntary liquidation on 31 December 2015. At that

Please find attached question for Company Accounting - liquidation

image text in transcribed QUESTION 1 McWilliams and Company Limited went into voluntary liquidation on 31 December 2015. At that date, the summarized statement of financial position or balance sheet is given below: McWilliams and Company Limited Statement of Financial Position as at 31 December 2015 Required: Prepare the Liquidation Account, the Cash at Bank Account and the Shareholders' Distribution Account for McWilliams and Company Limited. (20 Marks)

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