Question

Computer Equipment. 100000

Equipment. 20000

Debtor. 52000

Cash. 544600

Capital. 600000

Creditors. 5600

Drawings. 500

Services Rendered (Income) 139000

Rent. 15000

Salaries wages. 6900

Utilities expense (PDLT) 1800

utilities expense (Meralco)
3800

TOTAL => 744600

CONVERT THE FOLLOWING INTO TRADING ACCOUNT , PROFIT AND LOSS ACCOUNT , BALANCE SHEET.​

Answer 1

Computer Equipment. 100000

Equipment. 20000

Debtor. 52000

Cash. 544600

Capital. 600000

Creditors. 5600

Drawings. 500

Services Rendered (Income) 139000

Rent. 15000

Salaries wages. 6900

Utilities expense (PDLT) 1800

utilities expense (Meralco)

3800

TOTAL => 744600

CONVERT THE FOLLOWING INTO TRADING ACCOUNT , PROFIT AND LOSS ACCOUNT , BALANCE SHEET.

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