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Describe the advantages and disadvantages of conducting a

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Describe the advantages and disadvantages of conducting a business in the form of a sole proprietorship.

Prepare the statement of comprehensive income of Reza Carwash Enterprise for the four months May to August. Assume that the business is not subject to income tax.

Prepare the statement of financial position as at 31 August 2012.

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Financial Accounting: Describe the advantages and disadvantages of conducting a

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