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  1. business
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  3. (b) the following information is extracted from th

(b) The following information is extracted from the books of Morning Enterprise. Account Non-current assets...

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Accounting

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(b) The following information is extracted from the books of Morning Enterprise. Account Non-current assets Inventory Accounts receivable Capital Drawings Loan Bank Cash Accounts payable Net profit is valued at RM178,500. RM 270,600 21,000 17,000 70,000 11,000 50,600 33,000 15,000 68,500 You are required to prepare a statement of financial position for the year ended 30 June 2019. (16 marks)

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