From the following trial balance for E Soormally, produce a statement of comprehensive income for the period
Question:
From the following trial balance for E Soormally, produce a statement of comprehensive income for the period ending 30 September 2017 and a statement of financial position as at that date.
Inventory at 30 September 2017 was valued at £53,673.
Transcribed Image Text:
Sales Purchases Returns inwards Returns outwards Carriage inwards Carriage outwards Inventory as at 1 October 2016 Plant Motor van Trade receivables Trade payables Bank Power costs Wages Business rates Marketing expenses Debentures Capital Drawings Maintenance Sundry income Equipment Dr 412,312 5,435 989 2,123 67,809 55,000 19,800 43,242 19,809 23,432 42,423 8,723 5,132 27,656 6,805 45,400 786,090 Cr 534,534 4,233 32,132 75,000 121,211 18,980 786,090
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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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