Question: prepare the final accounts using the table below From the following list of balances in the books of Hadour Street Groceries on August 31, 2002,
From the following list of balances in the books of Hadour Street Groceries on August 31, 2002, prepare the set of final account using the information below
1. Stocks on Augpat 31, 2002 was 35,000.
Wage owed by 7,600
Telechone charges prepaid by 2,100
Fixtures and fittings are to be depreciated by 10% on a straight line basis
Machinery & Equipment are to ba depreciated by 5% on a reducing balance method
Motor vahicles are to be depreciatad on a straight line basis at a rate or 15%
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