Su SA Ac Su Question 4 The following bank account transactions were obtained from the books of Southside Cricket Club for the year ending 2016 December 31 Southside Cricket Club Bank Account Required: A. Prepare the Team Shirts Trading Account for the year ended 2016 December 31. (5marks) B. Prepare the Income and Expenditure Account for the year ended 2016 December 31 (13markks) C. Draw up the Balance Sheet as at 2016 December 31. (7 marks) (Total 25 marks)

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Su
SA
Ac
Su
Question 4
The following bank account transactions were obtained
from the books of Southside Cricket
Club for the year ending 2016 December 31
Southside Cricket Club Bank Account
Required:
A. Prepare the Team Shirts Trading Account for the year
ended 2016 December 31.
(5marks)
B. Prepare the Income and Expenditure Account for the
year ended 2016 December 31
(13markks)
C. Draw up the Balance Sheet as at 2016 December 31.
(7 marks)
(Total 25 marks)
Transcribed Image Text:Su SA Ac Su Question 4 The following bank account transactions were obtained from the books of Southside Cricket Club for the year ending 2016 December 31 Southside Cricket Club Bank Account Required: A. Prepare the Team Shirts Trading Account for the year ended 2016 December 31. (5marks) B. Prepare the Income and Expenditure Account for the year ended 2016 December 31 (13markks) C. Draw up the Balance Sheet as at 2016 December 31. (7 marks) (Total 25 marks)
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