What is the value of fixed tangible assets?

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What is the value of purchases?

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The closing stock is

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Sales for the year amounted to

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Gross profit is

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Cost of sales is

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Purchases for the year amounted to

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Which of the following is not a liability?

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A delivery van was bought on credit. The transaction would be entered by the customer first in the

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Accounting term used to describe the excess of current assets over current liabilities is

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Payment of salaries to partners is

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A business which converts raw materials to finished goods prepares

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