2.PREPARE THE THE COMPANY FINANCIAL STATEMENT INCOME STATEMENT AND BALANCE SHEET UNADJUSTED TRIAL BALANCE ADJUSTMENT AD JUSTED TIAL BALANCE ACCOUNTT TITLE DEBIT CREDIT DEBIT CREDIT DEBIT CREDIT account pay able 60.000 60.000 A ccount receivable 65,000 65,000 B ank Cap tal 40,000 2,000 38,000 170,000 170,000 Cash 2.000 1,000 2,000 Comission paid 4.300 4,300 Comission received 1,500 1,500 Discount Alowed 2,300 2,300 Discount Recened 3,500 3,500 Donations s00 500 Drawings 500 500 Fixture and Fitin gs 35.000 35.000 Freight imwards 1000 1,000 Freight outward 1,400 1,400 General Expenses 2300 2,300 Insurance premium 3,600 3,600 Intereat received on investment 5.000 5.000 Land and buiding 80.000 80,000 Loan from Mbb 67,500 67,500 opening inventory 1 JAN 2019 26,000 26,000 Patent 50,000 50,000 Prntng and stationery 700 700 Purchases 65.000 65,000 Rates and taxes 3,200 3,200 Rental paid 4.000 4,000 Rental revenue 3,000 3,000 Retum inw ards 1,500 1,500 Returns O utw ars 1,800 1,800 Sales 88,000 88.000 W ages and salares 12,000 12,000 Electicity Expense 1.566 1,566 1,566 A cerued Electricty U tites bill 1,566 1,566 1,566 500 500 500 Depreciation 7,000 7,000 7.000 A ccumulated Depreciation 7,000 7,000 7,000 uneamed Rental Revenue 1.000 1,000 1,000 Prepaid rental 1,500 1,500 Total 4003 00 4003 00 11566 11 566 409,866 409,866 CLO SING STOCK 7,000

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Transcribed Image Text:4G Il| 1.50 8:35 KB/s 4G 4 29 Eksport ke PDF O Antipalsu 2.PREPARE THE THE COMPANY FINANCIAL STATEMENT INCOME STATEMENT AND BALANCE SHEET UNADJUSTED TRIAL BALANCE AD JU STMENT AD JUSTED TIAL BALANCE ACCOUNTT TITLE DEBIT CREDIT DEBIT CREDIT DEBIT CREDIT account pay ab le 60,000 60,000 A ccount receivable 65,000 65,000 B ank 40,000 2,000 38,000 Cao ital 170,000 170,000 Cash 2,000 1,000 2,000 Comission paid 4,300 4,300 Comission received 1,500 1,500 Discount A llowed 2,300 2,300 Discount Received 3,500 3,500 Donations 50 500 D rawinga 500 500 Fixture and Fittings 35.000 35,000 Freight inw ards 1000 1,000 Freight outw ard 1,400 1,400 General Expen ses 2300 2,300 Insurance premium 3,600 3,600 Interest received on investment 5,000 5,000 Land and building 80,000 80,000 Loan from Mbb 67,500 67,500 opening inventory 1 JAN 2019 26,000 26,000 Patent 50,000 50,000 Printing and stationery 700 700 Purchases 65.000 65,000 Rates and taxes 3,200 3,200 Rental paid 4,000 4,000 Rental revenue 3,000 3,000 Retun inw ards 1,500 1,500 Returns O utw ars 1,800 1,800 Sales 88,000 88,000 W ages and salaries 12,000 12,000 E lectricity Exp ense 1,566 1,566 1,566 A ccrued E lectricity 1,566 1,566 1,566 U tities bill 500 500 500 Depreciation 7.000 7,000 7,000 A ccumulated D epreciation 7,000 7,000 7,000 unearned Rental Revenue 1,000 1,000 1,000 Prepaid rental 1,500 1,500 Total 4003 00 4003 00 11566 11 566 409,866 409.8 66 CLO SING STOCK 7.000 Alih keluar Logo WPS Asas Versi imej sahaja Elakkan penyalinan Eksport ke PDF

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