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Business, 08.09.2021 08:10 hockeystar0033

Prepare an updated statement of financial position. Building - $15000
Inventory - $20000
Computer - $2000
Cash in hand - $30000
Creditors - $5000
Bank Loan - $20000
Capital - $66000
Debtors - $10000
Cash at bank - $14000
From the following information prepare updated statement of financial position
Bought furniture by cash 1500
One of the customers paid to him $2000
Took furniture for own use 200
Sold inventory worth $500 for $550 cash ​

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Prepare an updated statement of financial position. Building - $15000
Inventory - $20000
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