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The financial year end is 2 8 Feb 2 0 2 1 . Make provision for outstanding interest on fixed deposit. The investment in fixed

The financial year end is

28

Feb

2021 .

Make provision for outstanding interest on fixed deposit. The investment in fixed deposit was made on the

1

July

2016

and it matures on the

30

June

2021 .

Fix deposit: equity bank

(12 %

.

)

: R

40 000 .

Interest on fixed deposit: R

4 000

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