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Sharon Taylor has the following financial details: Revenue General expenses Trading expenses Cash inflows Opening equity 8,000 4,000 3,000 10,000 11,000 Assets Liabilities Cash
Sharon Taylor has the following financial details: Revenue General expenses Trading expenses Cash inflows Opening equity 8,000 4,000 3,000 10,000 11,000 Assets Liabilities Cash outflows Closing equity 15,000 3,000 12,000 12,000 Required a. Prepare Income statement(Profit and Loss Account) b. Statement of Financial Position (Balance sheet) c. Statement of Cash flows
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Advanced Accounting
Authors: Gail Fayerman
1st Canadian Edition
9781118774113, 1118774116, 111803791X, 978-1118037911
