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| 6:08 0.10 KB/s 4G 4GI 4 52 1- Disimpan 1, PREPARE THE ADJUSTMENT WORKSHEET FOR THE TRIAL BALANCE A) A TOTAL OF ELECTRICITY BILLS HAVE NOT BEEN ACCOUNTED FOR. THE OWNER INTENDED TO MAKE FULL PAYMENT IN JANUARY 2020 B) UTILITY BILLS AMMOUNTING TO RM500 HAD BEEN PAID VIA CHEQUE NO 060552 BUT NOT INCLUDED. C) FIXED ASSETS IS TO BE DEPRECIATED BY 20% D) UNEARNED RENTAL REVENUE WAS 1000 E) PREPAID RENTAL TOTALLING RM1500 WAS PAID BY CHEQUE BUT NOT RECORDED ACCOUNTT TITLE Balance account payable 60,000 Account receivable 65000 Bank 40,000 Capital 170,000 Cash 2,000 Comission paid 4300 Comission received 1,500 Discount Allowed 2300 Discount Received 3,500 Donations 500 Drawings 500 Fixture and Fittings 35000 Freight inwards 1000 Freight outward 1400 General Expenses 2300 Insurance premium 3600 Interest received on investment 5,000 Land and building 80000 Loan from Mbb 67500 opening inventory 1 JAN 2019 26000 Patent 50000 Printing and stationery 700 Purchases 65000 Rates and taxes 3200 Rental paid 4000 Rental revenue 3,000 Return inwards 1500 Returns Outwars 1,800 Sales 88,000 Wages and salaries 12000 * CLOSING INVENTORY 31 DECEMBER 2019 7.000

| 6:08 0.10 KB/s 4G 4GI 4 52 1- Disimpan 1, PREPARE THE ADJUSTMENT WORKSHEET FOR THE TRIAL BALANCE A) A TOTAL OF ELECTRICITY BILLS HAVE NOT BEEN ACCOUNTED FOR. THE OWNER INTENDED TO MAKE FULL PAYMENT IN JANUARY 2020 B) UTILITY BILLS AMMOUNTING TO RM500 HAD BEEN PAID VIA CHEQUE NO 060552 BUT NOT INCLUDED. C) FIXED ASSETS IS TO BE DEPRECIATED BY 20% D) UNEARNED RENTAL REVENUE WAS 1000 E) PREPAID RENTAL TOTALLING RM1500 WAS PAID BY CHEQUE BUT NOT RECORDED ACCOUNTT TITLE Balance account payable 60,000 Account receivable 65000 Bank 40,000 Capital 170,000 Cash 2,000 Comission paid 4300 Comission received 1,500 Discount Allowed 2300 Discount Received 3,500 Donations 500 Drawings 500 Fixture and Fittings 35000 Freight inwards 1000 Freight outward 1400 General Expenses 2300 Insurance premium 3600 Interest received on investment 5,000 Land and building 80000 Loan from Mbb 67500 opening inventory 1 JAN 2019 26000 Patent 50000 Printing and stationery 700 Purchases 65000 Rates and taxes 3200 Rental paid 4000 Rental revenue 3,000 Return inwards 1500 Returns Outwars 1,800 Sales 88,000 Wages and salaries 12000 * CLOSING INVENTORY 31 DECEMBER 2019 7.000

FINANCIAL ACCOUNTING
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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| 6:08 0.10 KB/s 4G 4GI 4 52 1- Disimpan 1, PREPARE THE ADJUSTMENT WORKSHEET FOR THE TRIAL BALANCE A) A TOTAL OF ELECTRICITY BILLS HAVE NOT BEEN ACCOUNTED FOR. THE OWNER INTENDED TO MAKE FULL PAYMENT IN JANUARY 2020 B) UTILITY BILLS AMMOUNTING TO RM500 HAD BEEN PAID VIA CHEQUE NO 060552 BUT NOT INCLUDED. C) FIXED ASSETS IS TO BE DEPRECIATED BY 20% D) UNEARNED RENTAL REVENUE WAS 1000 E) PREPAID RENTAL TOTALLING RM1500 WAS PAID BY CHEQUE BUT NOT RECORDED ACCOUNTT TITLE Balance account payable 60,000 Account receivable 65000 Bank 40,000 Capital 170,000 Cash 2,000 Comission paid 4300 Comission received 1,500 Discount Allowed 2300 Discount Received 3,500 Donations 500 Drawings 500 Fixture and Fittings 35000 Freight inwards 1000 Freight outward 1400 General Expenses 2300 Insurance premium 3600 Interest received on investment 5,000 Land and building 80000 Loan from Mbb 67500 opening inventory 1 JAN 2019 26000 Patent 50000 Printing and stationery 700 Purchases 65000 Rates and taxes 3200 Rental paid 4000 Rental revenue 3,000 Return inwards 1500 Returns Outwars 1,800 Sales 88,000 Wages and salaries 12000 * CLOSING INVENTORY 31 DECEMBER 2019 7.000
Transcribed Image Text:| 6:08 0.10 KB/s 4G 4GI 4 52 1- Disimpan 1, PREPARE THE ADJUSTMENT WORKSHEET FOR THE TRIAL BALANCE A) A TOTAL OF ELECTRICITY BILLS HAVE NOT BEEN ACCOUNTED FOR. THE OWNER INTENDED TO MAKE FULL PAYMENT IN JANUARY 2020 B) UTILITY BILLS AMMOUNTING TO RM500 HAD BEEN PAID VIA CHEQUE NO 060552 BUT NOT INCLUDED. C) FIXED ASSETS IS TO BE DEPRECIATED BY 20% D) UNEARNED RENTAL REVENUE WAS 1000 E) PREPAID RENTAL TOTALLING RM1500 WAS PAID BY CHEQUE BUT NOT RECORDED ACCOUNTT TITLE Balance account payable 60,000 Account receivable 65000 Bank 40,000 Capital 170,000 Cash 2,000 Comission paid 4300 Comission received 1,500 Discount Allowed 2300 Discount Received 3,500 Donations 500 Drawings 500 Fixture and Fittings 35000 Freight inwards 1000 Freight outward 1400 General Expenses 2300 Insurance premium 3600 Interest received on investment 5,000 Land and building 80000 Loan from Mbb 67500 opening inventory 1 JAN 2019 26000 Patent 50000 Printing and stationery 700 Purchases 65000 Rates and taxes 3200 Rental paid 4000 Rental revenue 3,000 Return inwards 1500 Returns Outwars 1,800 Sales 88,000 Wages and salaries 12000 * CLOSING INVENTORY 31 DECEMBER 2019 7.000
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