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The following is a trial balance for the period ended 30 June VB Sporting Supplies: Additional information available at 30 June: - Stocktake revealed stock

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The following is a trial balance for the period ended 30 June VB Sporting Supplies: Additional information available at 30 June: - Stocktake revealed stock of $43,000 on hand - All insurance premiums are for a one-year period. They were renewed on 1 January for $7,200 - Wages accrued amounted to $760 - $2,400 of rates were paid in advance. - $400 interest on the loan is owing a) Complete the missing values that will appear in the Income Statement and Balance Sheet: COGS=$ Gross Profit =$ Wages =$ Insurance =$ Rates =$ Interest on loan =$ Total Current Assets =$ Total Assets =$ Total Current Liabilities =$ Total Liabilities =$ Owners Equity =$

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