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You work as an accounts assistant for Poppy's Florists and have been given opening balances at 1st January 2017, as follows: Bank 12,000 Sales 27,500

You work as an accounts assistant for Poppy's Florists and have been given opening balances at 1st January 2017, as follows:

Bank 12,000

Sales 27,500

Purchases 12,500

Receivables 150,200

Payables 4,800

Do these figures all look reasonable? If not, what should you do?

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