From the following data construct a statement of comprehensive income for D Ferdinand for the year ending

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From the following data construct a statement of comprehensive income for D Ferdinand for the year ending 31 December 2016 and a statement of financial position as at that date. image text in transcribed

Inventory was valued as at 31 December 2016 at £1,890.

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From the following data construct a statement of comprehensive income for D Ferdinand for the year ending

Question:

Sales Purchases Insurance Machinery Fixtures and fittings Trade receivables Trade payables Bank Heating Staff wages Sundry expenses Marketing Capital Drawings Maintenance Cash Dr 35,188 345 8,000 3,422 6,453 2,425 9,891 881 2,866 8,745 2,667 246 81,129 Cr 42,321 7,585 1,415 29,808 81,129

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Frank Woods Business Accounting Basics

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