Chetan Nath provides the following draft trial balance as at 31 August 20*8. He also provides four

Question:

Chetan Nath provides the following draft trial balance as at 31 August 20*8. He also provides four detailed ledger accounts.


Additional information

Stock was valued at £8,470 at 31 August 20*8.


Required

a) Complete the trial balance at 31 August 20*8.
b) Complete the stock account showing any transfers to the final accounts.
c) Close the detailed ledger accounts as necessary.
d) Prepare a trading and profit and loss account for the year ended 31 August 20*8.
e) Write up the capital account as it would appear in the general ledger on 31 August 20*8.
f) Prepare a balance sheet at 31 August 20*8.

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