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Salaries owed of 24,000 at the year end had not been taken into account. 2. Insurance prepaid at the year end of 11,000 had been
Salaries owed of 24,000 at the year end had not been taken into account. | |
2. | Insurance prepaid at the year end of 11,000 had been treated as an accrual. |
3. | Sales revenue included the sales proceeds from the disposal of a delivery van of 6,000 (which was also the residual value of the van).
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