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Accounting Elizabeth O’NeillBL5Accounting Manual and computerised 5N1348Additional Information:Closing stock for the 31/12/2015 = €147000.Provide for taxation = €102000 this is an expense and a liability and is placed in the debit account we then credit the taxation due which on the balance sheet.Advertising for the year ended 30/04/2016 = €45000 (May 15 – April 16).