Below is a trial balance for A Bantick. Construct a statement of comprehensive income for the period
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Below is a trial balance for A Bantick. Construct a statement of comprehensive income for the period ending 30 November 2011, and a statement of financial position as at that date.
Inventory as at 30 November 2011 was valued at £27,655.
Transcribed Image Text:
Sales Purchases Vehicle expenses Premises Motor vehicle Trade receivables Trade payables Bank Heating and lighting Wages and salaries Rent and rates Advertising Capital Drawings Repairs Plant Dr 311,769 3,212 87,000 13,000 27,878 4,354 7,891 23,141 6,543 2,313 12,188 4,234 23,000 526,523 Cr 342,312 29,090 155,121 526,523
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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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