Question

Qi Yash Alege De 17020 Aerom
July 31 2030
3103
Yashika Automobiles
Trial Balance, Dec 31 2020
Vehicle Washing Machine
Denting and painting Machine
1900
Supplies
Didends
Salaries Expenses
3820
Revenue from Services
Rent Expenses
2000
Trade Recerables
5820
1880
Share Capital
Uneamed Revenue
Office expenses
580
Trade payables
Prepaid Insurance
2400
67860
10000
2550
67860
On 31" December, she has identified the following additional information for further adysheme
Insurance premium of Rs 2400 was paid on a one-year policy effective from Dec 1
b. Salaries of Garage staff for the last week totaling Rs. 2580 have not been paid
c. The electricity bill of the month of December 31 was Rs 560 was due at the end of the
month
d The mentory of supplies on Dec 31 is Rs 2380
The vehicle washing machine has an estimated life of five years and the Desting mach
has an estimated life of eight years. There is no scrap value at the end of life pened of
both of them
f Revenue on service provided of Rs 2400 is due from customers who have taken sence
on credit
Un earned revenue includes an amount of Rs 600 for the month of December
Required
1. Prepare adjusting entries and post them in the Ledger account (6 Marks)
2. Prepare Adjusted Trail balance (4 Marks)
3. Prepare Statement of Profit and Loss and Balance Sheet (5 Marks)
4 Comment on the performance of Yashika's first month of operation 5 marks
had the following account balance on Dec 31 2020​

Answer 1

Answer:

bhai samgh nhi a Raha h fir liko