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Brisk limited has an authorised share capital of 150000 in

Question: ÍBrisk Limited has an authorised share capital of £150,000 in shares of £1 each of which 100,000 shares have been issued on which 15/- per share has been called up. After making some of the closing entries, the following is the Trial Balance as on 31st December, 1962:

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Accounting Basics: Brisk limited has an authorised share capital of 150000 in

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