Question: 3 3 . 6 A . D . Quox, a retailer, did not keep proper books of account, but he was Further information was provided
A D Quox, a retailer, did not keep proper books of account, but he was
Further information was provided on transactions during the year ended
Notes
a Fixtures and fittings were to be depreciated by of the book value at the beginning of the year.
b Insurance had been paid for the period from April till
September
c was still owing for wages.
d Discounts allowed for the year were
e At March the following balances were provided:
Stock
Trade debtors
Trade creditors
Required:
A calculation of the capital of the business at April
A calculation of the cash and bank balances at March
A trading and profit and loss account for the year ended March and a balance sheet as at that date.
Associated Examining Board O level
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