Jessica is a sole trader who operates The Veggie Van, a mobile catering facility. Using the information given below, construct a balance sheet for Jessica’s business for the year ending 31st December 2020. (15 marks)
Cash and floats £1,700
Amounts due to suppliers £4,300
Amounts due from customers £7,650
Profit for the year £8,200
Equipment £22,000
Food stocks £1,150
Owner’s capital £20,00
Answers
Answered by
1
Step-by-step explanation:
Jessica is a sole trader who operates The Veggie Van, a mobile catering facility. Using the information given below, construct a balance sheet for Jessica’s business for the year ending 31st December 2020. (15 marks)
Cash and floats £1,700
Amounts due to suppliers £4,300
Amounts due from customers £7,650
Profit for the year £8,200
Equipment £22,000
Food stocks £1,150
Owner’s capital £20,00
Similar questions