Question

20 transactions with their journal entries ledger trial balance and final accounts

Answer 1

Answer:

I don't know accountancy

Answer 2

Answer:

Explanation:

Balance sheet

Liabilities

Capitals

A   500000

B   300000               800000

C' loan                       206650

Creditors                     23000

Outstanding Salary    7000

B's loan                       15000

Total                          1051650

Assets

Bank                    21000

stock                       9000

Debtors                  15000

less :   Provision ( 750 )

Plant & machinery      1,80,000

Land & building           6,90,000

A,s current Account      85,875

B,s current account       51525

Total 1051650