Following is the unadjusted trial balance of Muller Traders: Cash in Hand Sales Return Carriage Outwards...
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Following is the unadjusted trial balance of Muller Traders: Cash in Hand Sales Return Carriage Outwards Stationeries Expense Import Duties Management Consultation Expense Withdrawals Unadjusted Trial Balance as at 30 April 2021 1,200 1,800 3,200 3,300 3,600 4,100 4,500 5,600 6,500 Carriage Inwards Insurance Stock of Stationeries Utilities Loan given to staffs Advertisement Salaries Fixed Deposit Inventory as at 1 May 2020 Accounts receivable Machineries Motor Vehicles Purchases Premises Accounts payable Bank Overdraft Capital Interest on fixed deposits Mortgage loan Purchases returns Rental Received Sales Total Additional Information: Inventory valued at 30 April 2021 RM45,000 You are required to 2021 6,800 7,500 9,000 12,000 18,000 25,000 36,000 40,000 120,000 150,000 211,900 180,000 850,000 35,200 45,000 250,000 2,100 80,000 1,900 10,000 425,800 850,000 prepare a statement of financial performance for the year ended 30 April prepare a statement of owner's equity for the year ended 30 April 2021 • prepare a statement of financial position as at 30 April 2021 • explain the purpose of preparing a statement of financial performance and statement of financial position Following is the unadjusted trial balance of Muller Traders: Cash in Hand Sales Return Carriage Outwards Stationeries Expense Import Duties Management Consultation Expense Withdrawals Unadjusted Trial Balance as at 30 April 2021 1,200 1,800 3,200 3,300 3,600 4,100 4,500 5,600 6,500 Carriage Inwards Insurance Stock of Stationeries Utilities Loan given to staffs Advertisement Salaries Fixed Deposit Inventory as at 1 May 2020 Accounts receivable Machineries Motor Vehicles Purchases Premises Accounts payable Bank Overdraft Capital Interest on fixed deposits Mortgage loan Purchases returns Rental Received Sales Total Additional Information: Inventory valued at 30 April 2021 RM45,000 You are required to 2021 6,800 7,500 9,000 12,000 18,000 25,000 36,000 40,000 120,000 150,000 211,900 180,000 850,000 35,200 45,000 250,000 2,100 80,000 1,900 10,000 425,800 850,000 prepare a statement of financial performance for the year ended 30 April prepare a statement of owner's equity for the year ended 30 April 2021 • prepare a statement of financial position as at 30 April 2021 • explain the purpose of preparing a statement of financial performance and statement of financial position
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Related Book For
Accounting
ISBN: 978-0176509743
Volume 1, 2nd canadian Edition
Authors: Carl warren, James Reeve, Jonathen Duchac, Sheila Elworthy,
Posted Date:
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