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QUESTION

Rent is accrued by 210 Rates have been prepaid by 880 2,211 of carriage represents carriage inwards on purchases Equipment is to be depreciated as

Stock at the close of business has been valued at £ 13,551

Required:

Prepare a statement of comprehensive income for the year ended 31 May 2014 and a statement of financial position as at that date                        

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