From the account balances of B Ramourne (shown in figure 9.61), write next to each account name
Question:
From the account balances of B Ramourne (shown in figure 9.61), write next to each account name the account/statement and group abbreviations. Then, using this information, you are required to:
• prepare an income statement
• prepare a balance sheet.
Transcribed Image Text:
Account Balances of B Ramourne as at 30 June 2022 Bank Accounts Receivable Control Inventory [1-7-2021] GST Receivable Premises Motor Vehicles Accounts Payable Control GST Payable Capital Drawings Sales Rent Received Interest Received Purchases Freight Inwards Advertising Sales Salaries Despatch Expenses Electricity Telephone Office Salaries Bad Debts Expense Inventory [30-6-2022] $1564 23 742 3 520 2079 847 35 623 28 195 4543 1892 71 585 8 892 75 659 1245 277 25 234 195 552 8 228 7519 303 234 9 913 125
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Related Book For
Accounting An Introduction To Principles And Practice
ISBN: 9780170403832
9th Edition
Authors: Edward A. Clarke, Michael Wilson
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