Question

From the following Trial Balance, prepare Trading, P&L Account and Balance Sheet:
Debtors
16,300 Capital
Cash
12.500 Sales
40.000
9.000
Furniture
10,000
Purchase Returns
500
Purchases
3,500
Creditors
2.500
Sales returns
300
Opening stock
2,000
Rent & Rates
750
Insurance
350
Wages
800
Carriage
500
Discount
650
Oil & Fuel
550
2,900
Drawings
Carriage Outwards
300
Stationary
600
Total
52,000
Total
52.000
Closing stock value: 2,600
Answer​

Answer 1

Answer:

u2,900

Drawings

Carriage Outwards

300

Stationary

600

Total

52,000

Total

52.000

From the following Trial Balance, prepare Trading, P&L Account and Balance Sheet:

Debtors

16,300 Capital

Cash

12.500 Sales

40.000

9.000

Furniture

10,000

Purchase Returns

500

Purchases

3,500

Creditors

From the following Trial Balance, prepare Trading, P&L Account and Balance Sheet:

Debtors

16,300 Capital

Cash

12.500 Sales

40.000

9.000

Furniture

10,000

Purchase Returns

500

Purchases

3,500

Creditors

2.500

Sales returns

300

Opening stock

2,000

Rent & Rates

750

Insurance

350

Wages

800

Carriage

500

Discount

650

Oil & Fuel

550

2,900

Drawings

Carriage Outwards

300

Stationary

600

Total

52,000

Total

52.000

Closing stock value: 2,600

Answer