The following trial balance was extracted from the books of J Churchard at the close of business
Question:
The following trial balance was extracted from the books of J Churchard at the close of business on 31 July 2005.
Additional information:
1 Inventory 31 July 2005 £7,230 2 Office expenses owing at 31 July 2005 £510 3 Rent accrued at 31 July 2005 £230 4 Wages paid in advance 31 July 2005 £995.
Construct a statement of comprehensive income for the year ended 31 July 2005 and a statement of financial position at that date.
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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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