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What was accumulated fund at start of year

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Reference no: EM132624609

Club provides info:

Receipts 21600

payment 20000

depreciation charged for year 1250

accumulated fund at end of year 15800

No accruals and pre paymens and no capital expenditure of capital receipts for year

Problem 1: What was accumulated fund at start of year? (memo gives answer $15450)

Reference no: EM132624609

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