Question: Balnce sheet and Income statment are required Note An additional investments of AED 80,000 was added by the owner Account Accounts receivable Supplies Prepaid Insurance

Balnce sheet and Income statment are required
Note An additional investments of AED 80,000 was added by the owner
Account Accounts receivable Supplies Prepaid Insurance Merchandise inventory Accumulated depnciation Equipment Equipment

Account Accounts receivable Supplies Prepaid Insurance Merchandise inventory Accumulated depnciation Equipment Equipment Ctilities Payable Mortgages Vneamed menue Loan Payable Capital Interest eamed Sales '*venue Commission earned Tas payable Supplies expense Depreciation Insurance expense Salaries Rent Utilities Amount AED 150.000 25.000 45.000 7.900 50.000 23.000 13.000 so,ooo 25.000 5.000 30.000 37,000 70.000 105,000 100.000 sso 50,000 s.3S0 4.soo 12.000 9.300 37.000 18.000 2,000

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!