Ayesha is a business adviser. Her financial year ends on 30 September. She provided the following trial
Question:
Ayesha is a business adviser. Her financial year ends on 30 September. She provided the following trial balance at 30 September 20–3:
Prepare Ayesha’s income statement for the year ended 30 September 20–3 and a statement of financial position at 30 September 20–3.
Transcribed Image Text:
Capital 125000 Drawings 15200 Premises 95000 Office equipment 21600 Fees from clients 65950 Insurance 3110 Printing and stationery 2480 Wages 59650 Office expenses 3120 Rent receivable 6000 Trade receivables 6150 Bank overdraft 9510 Cash 150 206 460 206460 %24
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 80% (10 reviews)
AYESHAS INCOME STATEMENT AND STATEMENT OF FINANCIAL POSITION 30TH SEPTEMBER 203 AYESHAS IN...View the full answer
Answered By
Ashington Waweru
I am a lecturer, research writer and also a qualified financial analyst and accountant. I am qualified and articulate in many disciplines including English, Accounting, Finance, Quantitative spreadsheet analysis, Economics, and Statistics. I am an expert with sixteen years of experience in online industry-related work. I have a master's in business administration and a bachelor’s degree in education, accounting, and economics options.
I am a writer and proofreading expert with sixteen years of experience in online writing, proofreading, and text editing. I have vast knowledge and experience in writing techniques and styles such as APA, ASA, MLA, Chicago, Turabian, IEEE, and many others.
I am also an online blogger and research writer with sixteen years of writing and proofreading articles and reports. I have written many scripts and articles for blogs, and I also specialize in search engine
I have sixteen years of experience in Excel data entry, Excel data analysis, R-studio quantitative analysis, SPSS quantitative analysis, research writing, and proofreading articles and reports. I will deliver the highest quality online and offline Excel, R, SPSS, and other spreadsheet solutions within your operational deadlines. I have also compiled many original Excel quantitative and text spreadsheets which solve client’s problems in my research writing career.
I have extensive enterprise resource planning accounting, financial modeling, financial reporting, and company analysis: customer relationship management, enterprise resource planning, financial accounting projects, and corporate finance.
I am articulate in psychology, engineering, nursing, counseling, project management, accounting, finance, quantitative spreadsheet analysis, statistical and economic analysis, among many other industry fields and academic disciplines. I work to solve problems and provide accurate and credible solutions and research reports in all industries in the global economy.
I have taught and conducted masters and Ph.D. thesis research for specialists in Quantitative finance, Financial Accounting, Actuarial science, Macroeconomics, Microeconomics, Risk Management, Managerial Economics, Engineering Economics, Financial economics, Taxation and many other disciplines including water engineering, psychology, e-commerce, mechanical engineering, leadership and many others.
I have developed many courses on online websites like Teachable and Thinkific. I also developed an accounting reporting automation software project for Utafiti sacco located at ILRI Uthiru Kenya when I was working there in year 2001.
I am a mature, self-motivated worker who delivers high-quality, on-time reports which solve client’s problems accurately.
I have written many academic and professional industry research papers and tutored many clients from college to university undergraduate, master's and Ph.D. students, and corporate professionals. I anticipate your hiring me.
I know I will deliver the highest quality work you will find anywhere to award me your project work. Please note that I am looking for a long-term work relationship with you. I look forward to you delivering the best service to you.
3.00+
2+ Reviews
10+ Question Solved
Related Book For
Cambridge IGCSE And O Level Accounting Coursebook
ISBN: 9781316502778
2nd Edition
Authors: Catherine Coucom
Question Posted:
Related Video
A trial balance is a list of all the general ledger accounts contained in the ledger of a business. This list will contain the name of each nominal ledger account and the value of that nominal ledger balance. Each nominal ledger account will hold either a debit balance or a credit balance
Students also viewed these Business questions
-
Prepare Budget's single-step income statement for the year ended March 31, 2015. The adjusted trial balance of Budget Business Systems at March 31, 2015, follows: BUDGET BUSINESS SYSTEMS Adjusted...
-
Prepare Budget's multi-step income statement for the year ended March 31, 2015. The adjusted trial balance of Budget Business Systems at March 31, 2015, follows: BUDGET BUSINESS SYSTEMs Adjusted...
-
Prepare Honeyglazed Hams, Inc's income statement for the year ended December 31 2012 and its balance sheet on that date. Let's start with the income statement. Honeyglazed Hams, Inc. Adjusted Trial...
-
1. Suppose that a particle moves along a straight line with acceleration a(t) =-6t+2 meters per second per second at time t seconds. Suppose that we fix the positive direction as motion to the right,...
-
Fill in the blank: 1 cL = ______________ ML.
-
Baich Department Store is divided into three major departments: Mens Clothing, Womens Clothing, and Home Furnishings. Each of these three departments is supervised by a manager who reports to the...
-
Figure P27.38 shows a bar magnet placed at four positions on and near a spherical shell. Rank the positions according to the amount of magnetic flux through the shell, smallest flux first. Data from...
-
Enron, one of the largest corporations to ever file for bankruptcy protection, was number 7 on the Fortune 500 list of the largest companies in America as ranked by revenues at the time of its...
-
(d) Define Floating-point representation, Truncation error, and Global error with examples.
-
The yearly data have been published showing the number of releases for each of the commercial movie studios and the gross receipts for those studios thus far. Based on these data, can it be concluded...
-
Abhinav is a trader. Using the following information taken from Abhinavs books on 30 June 208: a. Prepare a trial balance at 30 June 208 b. Prepare an income statement for the year ended 30 June 208...
-
A trader repaid a long-term loan of $10,000. She used all the money in the business bank account, $7,000, and paid the balance from her personal bank account. How did this affect the statement of...
-
1. The total revenue for a product is given by R(x) = 1600x -x2 2. If the profit function for a product is given by P(x) = 92x - x2 - 1760 lim R(x)? lim P(x). Lx+40
-
Berkshire Community College employs 100 staff members and 61 faculty. The president of the college is working on the budget for the next year and isn't sure what type of budgeting process he should...
-
Suppose you had bought a 30-year Treasury bond at a nominal interest rate of 8% and the inflation averages 3% over the next 30 years. Then the real interest rate would turn out to be ___%.
-
X and Y, two CEOs, concluded a prolonged negotiation in which X was to sell his business to Y's company. They put together and signed a document called "Memo of Understanding," which laid out the...
-
Derrick works as a team psychologist for the Leopards, a professional soccer team in New York. After work one night, Derrick gets into a drunken brawl with patrons at a bar in Queens. The fight...
-
Match the term with its definition. Question 69 options: A bond where the issuer never has to pay back the principal or face amount of the bond, but is committed to making interest payments in...
-
Draw a reaction coordinate diagram for the following reaction in which C is the most stable and B the least stable of the three species and the transition state going from A to B is more stable than...
-
Consider a game of poker being played with a standard 52-card deck (four suits, each of which has 13 different denominations of cards). At a certain point in the game, six cards have been exposed. Of...
-
In your own words, explain how a marketing manager might use a competitor analysis to avoid situations that involve head-on competition.
-
The owner of a small hardware storethe only one in a medium-sized town in the mountainshas just learned that a large home improvement chain plans to open a new store nearby. How difficult will it be...
-
Discuss the probable impact on your hometown if a major breakthrough in air transportation allowed foreign producers to ship into any U.S. market for about the same transportation cost that domestic...
-
What was the hardest decision you have taken as a leader? What helped you to prompt the best course of action?
-
What factors would you consider when deciding between in-person, online, or blended learning for a technical skills training program?
-
What are the difference between Employee and Labor Relations? What are the Benefits of Employee and Labor Relations.?
Study smarter with the SolutionInn App