Ivy begins trading as a farmer on 1 January 201 5, making up annual accounts to 31
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Ivy begins trading as a farmer on 1 January 201 5, making up annual accounts to 31 December. Her adjusted trading profits/(losses) in the opening years are as follows:
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It seems that part of the data that is essential to answer the questions a and b for Ivys trading income over the first four tax years has not been provided specifically the profit or loss for the fou...View the full answer
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