Food Fighers Limited Trial Balances Years ending 31 March 2022 & 2023 FY22 FY22 FY23 FY23...
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Food Fighers Limited Trial Balances Years ending 31 March 2022 & 2023 FY22 FY22 FY23 FY23 Debit Credit Debit Account balance Balance balance Credit balance Accounts Receivable 719,766 3,320,333 Cheque Account 1,455,688 546,750 Inventory 763,000 1,750,000 Delivery vehicles 1,768,000 2,566,545 Production & warehousing equipment 1,455,000 1,752,313 Provisional Tax Paid Accounts Payable 1,294,000 2,639,307 Bank Loan 2,000,000 1,792,078 GST Payable Income tax payable Shareholder advance account Issued capital Retained Earnings Revenue ACC Advertising Bank Charges Depreciation delivery vehicles Cost of sales Production wages Electricity Freight General Expenses 165,000 1,285,000 1,352,452 4,550,000 4,550,000 847,548 15,021,011 24,025,689 32,434 186,557 56,444 225,000 24,975 245,000 46,000 265,000 12,515,999 Depreciation warehousing & logistics equipment 195,000 1,180,711 17,820,000 225,000 1,653,000 65,222 82,321 679,345 951,083 65,999 81,222 Income Tax Expense Sales wages 432,067 482,111 Management wages 445,000 423,000 Insurance 83,000 95,334 Interest Expense 92,011 149,233 Legal Fees 11,209 9,850 Motor Vehicle Expenses 113,201 122,055 Postage, Printing & Stationery 23,176 33,254 Repairs and Maintenance 35,666 42,768 Professional Services Fees 38,500 48,500 Rent 335,000 385,000 Subscriptions 23,254 26,547 45,233 26,911 Telephone Total: 23,030,011 23,030,011 34,838,824 34,838,824 Please make Balance sheet and Cash Flow for year 2022 and 2023 Food Fighers Limited Trial Balances Years ending 31 March 2022 & 2023 FY22 FY22 FY23 FY23 Debit Credit Debit Account balance Balance balance Credit balance Accounts Receivable 719,766 3,320,333 Cheque Account 1,455,688 546,750 Inventory 763,000 1,750,000 Delivery vehicles 1,768,000 2,566,545 Production & warehousing equipment 1,455,000 1,752,313 Provisional Tax Paid Accounts Payable 1,294,000 2,639,307 Bank Loan 2,000,000 1,792,078 GST Payable Income tax payable Shareholder advance account Issued capital Retained Earnings Revenue ACC Advertising Bank Charges Depreciation delivery vehicles Cost of sales Production wages Electricity Freight General Expenses 165,000 1,285,000 1,352,452 4,550,000 4,550,000 847,548 15,021,011 24,025,689 32,434 186,557 56,444 225,000 24,975 245,000 46,000 265,000 12,515,999 Depreciation warehousing & logistics equipment 195,000 1,180,711 17,820,000 225,000 1,653,000 65,222 82,321 679,345 951,083 65,999 81,222 Income Tax Expense Sales wages 432,067 482,111 Management wages 445,000 423,000 Insurance 83,000 95,334 Interest Expense 92,011 149,233 Legal Fees 11,209 9,850 Motor Vehicle Expenses 113,201 122,055 Postage, Printing & Stationery 23,176 33,254 Repairs and Maintenance 35,666 42,768 Professional Services Fees 38,500 48,500 Rent 335,000 385,000 Subscriptions 23,254 26,547 45,233 26,911 Telephone Total: 23,030,011 23,030,011 34,838,824 34,838,824 Please make Balance sheet and Cash Flow for year 2022 and 2023
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Answer To create a balance sheet and cash flow statement for the years 2022 and 2023 I will first organize the trial balance data into the appropriate ... View the full answer
Related Book For
Interpreting and Analyzing Financial Statements
ISBN: 978-0132746243
6th edition
Authors: Karen P. Schoenebeck, Mark P. Holtzman
Posted Date:
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