Question: Question You are provided with the trial balance with notes for Moxy Hotels Ltd as at 30 June 2021. You are requested to construct the
Question
You are provided with the trial balance with notes for Moxy Hotels Ltd as at 30 June 2021. You are requested to construct the appropriate final accounts for the year ended 30 June 2021.
| Moxy Hotel Ltd Trial Balance at june 30 2021 | ||||
|
|
| debit | credit |
|
|
|
| 000's | 000's |
|
| Revenue |
| 23100 |
| |
| interest on investment received |
| 20 |
| |
| Fixtures and fittings (cost) |
| 30000 |
| |
| Fixtures and fittings (acc Dep) |
| 5300 |
| |
| purchases |
| 6880 |
| |
| administration expenses |
| 1550 |
| |
| interest paid |
| 170 |
| |
| tax |
| 380 |
| |
| rent |
| 3375 |
| |
| inventories | 1 | 240 |
| |
| trade receivables |
| 1750 |
| |
| cash |
| 60 |
| |
| trade payable |
| 325 |
| |
| bank overdraft |
| 170 |
| |
| long term loan | 2500 | |||
| share capital | 8160 | |||
| retained profit | 4830 | |||
| 44405 | 44405 | |||
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