a. Stationery: During the year to 31 December 20X9 1,300 was paid in respect of stationery. The
Fantastic news! We've Found the answer you've been seeking!
Question:
a. Stationery: During the year to 31 December 20X9 £1,300 was paid in respect of stationery. The amount owing at 31 December 20X8 was £140 and the amount owing at 31 December 20X9 was £200.
b. Rent: Kristal received rent of £3,000 during the year ended 31 December 20X9. The tenant owed Kristal £210 on 31 December 20X8 and owed her £340 on 31 December 20X9.
Required:
Prepare ‘T’ accounts for the above transactions including the balances transferred to the statement of profit and loss account for 20X9 and the balances brought down to 20Y0.
Expert Answer:
Posted Date:
