Question: please write in a table Deadine Date Unit Cantroller/Examiner Week 9 Tutorial f Maniam maniam@limkckwing edu my Questions: 1. What is a trading account? 2.

 please write in a table Deadine Date Unit Cantroller/Examiner Week 9

please write in a table

Deadine Date Unit Cantroller/Examiner Week 9 Tutorial f Maniam maniam@limkckwing edu my Questions: 1. What is a trading account? 2. What are carriage inwards and carriage outwards? What are the accounting treatments for these carriages? 3. Following is the trial balance of Sun Enterprise: Trial Balance as at 31 March 2012 Credit RM Rent Insurance Lighting and heating expenses Motor expenses Salaries and wages Debit RM 1,560 305 516 1,960 4,850 35,600 ales Purchases Sundry expenses Motor vans Creditors Debtors Fixtures Buildings Cash at bank Drawings Capital 30,970 806 3,500 3,250 6,810 3,960 28,000 6,278 51,799 90,649 90,649 Inventory as at 31 March 2012 was RM9, 960 You are required to: (a) Prepare An income statement for the year ended 31 March 2012 (b) Prepare a balance sheet as at 31 March 2012

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!