AccountAmountAccountAmountCash at bank12,500Discount received1,675Opening stock25,000Postage425Insurance1,500Bills payable5,600PurchasesCapital20,00058,90045,000Wages1,750SalesWith the above information prepare trial balance of PQR Inc for the year ended 2018.

Trial balance was an statement used to prepare financial statements where it contains debit and…

Account Amount Account Amount Cash at bank 12,500 25,000 Discount received 1,675 Opening stock Postage Bills payable 425 Insurance 1,500 5,600 Purchases 45,000 1,750 Capital Sales 20,000 58,900 Wages With the above information prepare trial balance of PQR Inc for the year ended 2018.

Account Amount Account Amount Cash at bank 12,500 25,000 Discount received 1,675 Opening stock Postage Bills payable 425 Insurance 1,500 5,600 Purchases 45,000 1,750 Capital Sales 20,000 58,900 Wages With the above information prepare trial balance of PQR Inc for the year ended 2018.

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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Question

Account
Amount
Account
Amount
Cash at bank
12,500
Discount received
1,675
Opening stock
25,000
Postage
425
Insurance
1,500
Bills payable
5,600
Purchases
Capital
20,000
58,900
45,000
Wages
1,750
Sales
With the above information prepare trial balance of PQR Inc for the year ended 2018.

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