The trial balance extracted from the books of Mary, a sole trader, as at 31

Accounting & FinanceGeneralWorked Solution

The trial balance extracted from the books of Mary, a sole trader, as at 31

December 20X3 was as follows:

Additional information

1. Inventory on hand on 31 December 20X3 is £94,280.

2. Rates paid in advance at 31 December 20X3 are £600.

3.General expenses unpaid at 31 December 20X3 are £1,660.

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