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The following is the trial balance of Ace Hotels as at 31 May 202X. You are requested to construct the appropriate final accounts for the

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The following is the trial balance of Ace Hotels as at 31 May 202X. You are requested to construct the appropriate final accounts for the year ended I. Statement of Profit or Loss and Statement of Financial Pore year ended i. . . .m. Inventory (food \& bar) at 31 May 202X was valued at 25,350

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