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Assume you are accountant of the ABC sole propritership.
You have to collect the one month transactions of ABC sole proprietorship.
You are required to prepare
1. Trial balance
2. All subsidiary journals And ledger accounts
3. Cash books and petty cash book
4. Income statements and balance sheet.
5. Finally need to explain the importance of book keeping Following guidline need to be concerned
a. There should have atleast 50 items
b. You need to cover all journals and other subsiary books
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