A sole trader has 100 in hand and bank balance of 2400 at the beginning of the accounting period. The closing Bala for cash in hand and bank were 150 and 5200 respectively. Cash receipt from debtors and payment to support during the year amounted to 51700 and 38200 respectively. She also paid 3400 to employees. How my drawing did she made during the year

A sole trader has 100 in hand and bank balance of 2400 at the beginning of the accounting period. The closing Bala for cash in hand and bank were 150 and 5200 respectively. Cash receipt from debtors and payment to support during the year amounted to 51700 and 38200 respectively. She also paid 3400 to employees. How my drawing did she made during the year

Individual Income Taxes

43rd Edition

ISBN:9780357109731

Author:Hoffman

Publisher:Hoffman

Chapter18: Accounting Periods And Methods

Section: Chapter Questions

Problem 46P: Blue Company, an architectural firm, has a bookkeeper who maintains a cash receipts and...

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