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  3. the gross profit for june. [1 mark] question 4: t

the gross profit for June. [1 Mark] Question 4: The management of 'Stationaries R...

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Accounting

  1. the gross profit for June. [1 Mark]

Question 4: The management of 'Stationaries R us', a photocopying center located on Midland Avenue, has compiled the following data to use in preparing its budgeted balance sheet for next year:

Ending Balance

Cash

Accounts receivable

Supplies Inventory

Equipment

Accumulated depreciation

Common stock

Retained earnings

$15,000

$7,900

$3,000

$16,000

$1,400

$5,000

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