The following balances are related to XYX LLC. Bank Balance 16,000 Purchases 195000 Return Inwards 4,000 Direct Wages 18000 Sales 425,000Carriage Inwards 35000 Rent Received 20,100 Return Outwards 16000 Interest Revenue 15,600 Office Expense 19,500 Office Rent 15,000 Office Equipment Maintenance 6000 Salesman Salary 4,200 Sales Promotion 4500 Expense Internet Charges 800 Advertising Expense 18000 Opening Stock 85000 Office Insurance Expense6,500 Dividend Income 18200 Commission Income 20400 Closing Stock 55,000 Use the above information and answer 32, 33 and 34 MCQS
The following balances are related to XYX LLC. Bank Balance 16,000 Purchases 195000 Return Inwards 4,000 Direct Wages 18000 Sales 425,000Carriage Inwards 35000 Rent Received 20,100 Return Outwards 16000 Interest Revenue 15,600 Office Expense 19,500 Office Rent 15,000 Office Equipment Maintenance 6000 Salesman Salary 4,200 Sales Promotion 4500 Expense Internet Charges 800 Advertising Expense 18000 Opening Stock 85000 Office Insurance Expense6,500 Dividend Income 18200 Commission Income 20400 Closing Stock 55,000 Use the above information and answer 32, 33 and 34 MCQS
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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