Below is the trial balance extracted from the books of R Grime as at 30 September 2015.
Question:
Below is the trial balance extracted from the books of R Grime as at 30 September 2015.
Construct a statement of comprehensive income for the year to 30 September 2015 and a statement of financial position as at that date.
Inventory was valued at 30 September 2015 at £23,223.
Transcribed Image Text:
Sales Purchases Property Delivery van Trade receivables Trade payables Bank Heating expenses Salaries Office expenses Rent and rates Long-term loan Capital Drawings Dr 234,354 194,000 18,700 18,793 12,346 4,233 16,565 2,131 19,213 18,798 539,133 Cr 323,423 20,912 50,000 144,798 539,133
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Related Book For
Frank Woods Business Accounting Basics
ISBN: 9780273725008
1st Edition
Authors: Frank Wood, Mr David Horner
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