The following information relates to A Traders business: During the year, Trader had sold private investments for
Question:
The following information relates to A Trader’s business:
During the year, Trader had sold private investments for £4,000 which he paid into the business bank account, and he had drawn out £200 weekly for private use.
Required:
Prepare a profit and loss account for the year ending 31 December 20X9 and a balance sheet as at that date.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Frank Woods Business Accounting Volume 1
ISBN: 9780273681496
10th Edition
Authors: Frank Wood, Alan Sangster
Question Posted: