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    • Avatar of johnmoffat says

      The Statement of financial position only shows assets, liabilities and capital.

      Since the car no longer belongs to the company, it can not appear on the Statement.

      What will appear is a higher cash balance (or higher receivables it if was sold on credit) than would otherwise have appeared.

  1. avatar says

    11:57 Is that right or am i doing something wrong?

    Disposal Acc
    ————————————————–

    How did you get 1700??? Isit not 800 — – 15,000 – 6500-7700 ???

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