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QUESTION 1 (20 Marks) REQUIRED Use the information provided below to...

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Accounting

QUESTION 1
(20 Marks)
REQUIRED
Use the information provided below to prepare the Statement of Financial Position of Lynwood Limited as at 31 August 2023. The notes to the financial statements are not required. Show all workings.
INFORMATION
The following balances were obtained from the accounting records of Lynwood Limited after some of the adjustments and closing transfers were completed on 31 August 2023, the end of the financial year.
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