Prepare a trial balance as of December 31, 2021. Cash Account 580.00 Interest Earned 200.00 Cash in Bank Account 25,000.00 Inventory Account 20,000.00 Furniture Account 2,000.00 Building Account 10,000.00 Anil Account-debtors 1,000.00 Madhu Account-debtors 2,000.00 Capital Account 55,000.00 Babu's Loan Account 10,000.00 Purchase Account 8,800.00 Purchase Discount 380.00 Bahrat Company-creditors 5,000.00 Fixtures Account 5,300.00 Interest on Loans Payable 500.00 Sales Account 7,100.00 Bad Debts Account 300.00 Salary Account 2,000.00 Drawings Account 200.00 NOTE: Please put VAT as applicable if it requires percentage it's 5%
Prepare a trial balance as of December 31, 2021. Cash Account 580.00 Interest Earned 200.00 Cash in Bank Account 25,000.00 Inventory Account 20,000.00 Furniture Account 2,000.00 Building Account 10,000.00 Anil Account-debtors 1,000.00 Madhu Account-debtors 2,000.00 Capital Account 55,000.00 Babu's Loan Account 10,000.00 Purchase Account 8,800.00 Purchase Discount 380.00 Bahrat Company-creditors 5,000.00 Fixtures Account 5,300.00 Interest on Loans Payable 500.00 Sales Account 7,100.00 Bad Debts Account 300.00 Salary Account 2,000.00 Drawings Account 200.00 NOTE: Please put VAT as applicable if it requires percentage it's 5%
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
| Prepare a |
|||
| Cash Account | 580.00 | ||
| Interest Earned | 200.00 | ||
| Cash in Bank Account | 25,000.00 | ||
| Inventory Account | 20,000.00 | ||
| Furniture Account | 2,000.00 | ||
| Building Account | 10,000.00 | ||
| Anil Account-debtors | 1,000.00 | ||
| Madhu Account-debtors | 2,000.00 | ||
| Capital Account | 55,000.00 | ||
| Babu's Loan Account | 10,000.00 | ||
| Purchase Account | 8,800.00 | ||
| Purchase Discount | 380.00 | ||
| Bahrat Company-creditors | 5,000.00 | ||
| Fixtures Account | 5,300.00 | ||
| Interest on Loans Payable | 500.00 | ||
| Sales Account | 7,100.00 | ||
| 300.00 | |||
| Salary Account | 2,000.00 | ||
| Drawings Account | 200.00 | ||
| NOTE: Please put VAT as applicable if it requires percentage it's 5% |
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