Question: prepare: income statement, cashflow statement 4.2 John Minor started business on 1/7/09. His trial balance as at 30/6/10 was: Dr Cr E 51,399 36,000 Capital
4.2 John Minor started business on 1/7/09. His trial balance as at 30/6/10 was: Dr Cr E 51,399 36,000 Capital Rent Insurance Lighting Motor Expenses Salaries & wages Purchases / Sales Sundry expenses Motor vans Debtors / Creditors Fixtures Buildings Cash at bank Drawings 1,560 305 516 1,960 4,850 30,970 806 3,500 6,810 3,960 28,000 1,134 6,278 3,250 90.649 90.649 Note: The closing stock on 30 June 2010 was 9,960. 4.2 John Minor started business on 1/7/09. His trial balance as at 30/6/10 was: Dr Cr E 51,399 36,000 Capital Rent Insurance Lighting Motor Expenses Salaries & wages Purchases / Sales Sundry expenses Motor vans Debtors / Creditors Fixtures Buildings Cash at bank Drawings 1,560 305 516 1,960 4,850 30,970 806 3,500 6,810 3,960 28,000 1,134 6,278 3,250 90.649 90.649 Note: The closing stock on 30 June 2010 was 9,960
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