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Read the following and answer the questions below.A and B own a grocery shop. Their first financial year ended on 31 December 2002.The following balances were taken from the books on that date:
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Contents of partnership agreement
Date posted: December 10, 2021 . Answers (1)
Bibi Maridadi owns and manages a small manufacturing business. The following balances havebeen extracted from her books of account at 31 January 2009:Required:Using the vertical method, prepare Bibi Maridadi’s manufacturing, trading and profit and lossaccount for the year ended 31 January 1986 and a balance sheet as at that date.
Define the term work in progress(w-i-p)
Categories of direct and indirect costs
Define direct and indirect costs