Provide a Trial Balance for Mary Ltd as at December 2023. [11 marks] (b) Mary Limited started
Fantastic news! We've Found the answer you've been seeking!
Question:
Provide a Trial Balance for Mary Ltd as at December 2023.
[11 marks]
(b) Mary Limited started its business in January 2023 and provides the following transactions from its books of accounts:
1. Started business with capital of $1,000,000 cash.
2. Opened a business bank account and deposited $500,000 cash.
3. Bought Furniture for $150,000 in cash.
4. Purchased goods from Milla Ltd for $54,600 on credit
5. Sold goods to Ashley Ltd for $30,000 on cash terms.
6. Mary bought office equipment worth $120,000 on credit from Cilia Furnishings Ltd.
7. Mary paid the office rent $50,000 by cheque.
Related Book For
Public Finance An International Perspective
ISBN: 9789814365048
1st Edition
Authors: Joshua E. Greene
Posted Date: