The following information relates to A. Traders business: During the year, Trader had sold some of his
Question:
The following information relates to A. Trader’s business:
During the year, Trader had sold some of his personal 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 balance sheet as at 31 December 2024 and give the net profit as at that date.
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Related Book For 
Frank Woods Business Accounting An Introduction To Financial Accounting
ISBN: 9781292365435
15th Edition
Authors: Alan Sangster, Lewis Gordon, Frank Wood
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