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Required 1. Prepare the business Income Statement for the period. (9 marks) 2. Prepare the classified Balance Sheet at the end of the period. (11 marks) 3. Was Frank’s venture successful? Give the reasons for your answer. 150 – 250 words  only. Barry Cooper submits to you draft accounts for the year ended 30 June 2014, and a Balance  Sheet as at that date. Towards the end of the financial year his accountant resigned and he  had completed the records himself. H ...

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Tags: Delhi  Delhi University Accounting Accounting 

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