Tammy Mount supplies the following incomplete trial balance and four ledger accounts. Additional information After completing the
Question:
Tammy Mount supplies the following incomplete trial balance and four ledger accounts.
Additional information
After completing the trial balance the following account was opened:
At 31 March 20*8 stock was valued at £3,970.
Required
a) Complete the trial balance at 31 March 20*8.
b) Close the detailed accounts as necessary.
c) Prepare a trading and profit and loss account for the year ended 31 March 20*8.
d) Prepare a balance sheet at 31 March 20*8.
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