The following information relates to A. Traders business: During the year, Trader had sold some of his

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The following information relates to A. Trader’s business:

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During the year, Trader had sold some of his personal investments for £4,000 which he paid into the business bank account, and he had drawn out £200 weekly for private use.
Required:
Prepare a balance sheet as at 31 December 2024 and give the net profit as at that date.

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