CHAPTER 3: Presentation of Financial Statements Chilwell Ltd prepares financial statements to 31 October each year. The company's trial balance at 31 October 2017 is as follows: 3.7 f Land at valuation Buildings at cost Equipment and motor vehicles at cost Allowances for depreciation at 1 November 2016: Buildings Equipment and motor vehicles Disposal of vehicle Inventory at 1 November 2016 Trade receivables and payables …
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