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Record the opening entry from the following Assets and Liabilities as on January 1, 2015 : Particulars Amount Particulars Amount Cash at Bank 15,000 Sundry

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Record the opening entry from the following Assets and Liabilities as on January 1, 2015 : Particulars Amount Particulars Amount Cash at Bank 15,000 Sundry Debtors Sundry Creditors 30,000 13,000 Buildings 24,000 Machinery 40,000 Bills Payable 12,000 Describe the Overdraft

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