The following information was extracted from the books of DZK Ltd for the month of March 2021 March 2021 1Started business with Tzs 750,000-cash and Tzs 9,000,000 in the bank 3 Received a loan of Tzs 2,000,000 from Bank by cheque. 5 Bought a computer for cash Tzs 600,000. 8 Withdraw Tzs 200,000 out of the bank for office use 10 Bought scanners on credit from Helen Ltd Tzs 420,000 13 Repaid part of Bank's loan by cheque Tzs 500,000 19 Paid amount owing to Helen Ltd Tzs 400,000 in consideration of full payment by cheque 25 Repaid part of Bank's loan by cash Tzs 250,000 30Bought a Photocopier machine on credit from B&B Ltd for Tzs 200,000 Required: Prepare Trial Balance for DZK Ltd for the month ended on March 2021.
The following information was extracted from the books of DZK Ltd for the month of March 2021 March 2021 1Started business with Tzs 750,000-cash and Tzs 9,000,000 in the bank 3 Received a loan of Tzs 2,000,000 from Bank by cheque. 5 Bought a computer for cash Tzs 600,000. 8 Withdraw Tzs 200,000 out of the bank for office use 10 Bought scanners on credit from Helen Ltd Tzs 420,000 13 Repaid part of Bank's loan by cheque Tzs 500,000 19 Paid amount owing to Helen Ltd Tzs 400,000 in consideration of full payment by cheque 25 Repaid part of Bank's loan by cash Tzs 250,000 30Bought a Photocopier machine on credit from B&B Ltd for Tzs 200,000 Required: Prepare Trial Balance for DZK Ltd for the month ended on March 2021.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
Transcribed Image Text:The following information was extracted from the books of DZK Ltd for the month
of March 2021
March 2021
1Started business with Tzs 750,000-cash and Tzs 9,000,000 in the bank
3 Received a loan of Tzs 2,000,000 from Bank by cheque.
5 Bought a computer for cash Tzs 600,000.
8 Withdraw Tzs 200,000 out of the bank for office use
10 Bought scanners on credit from Helen Ltd Tzs 420,000
13 Repaid part of Bank's loan by cheque Tzs 500,000
19 Paid amount owing to Helen Ltd Tzs 400,000 in consideration of full payment by
cheque
25 Repaid part of Bank's loan by cash Tzs 250,000
30Bought a Photocopier machine on credit from B&B Ltd for Tzs 200,000
Required: Prepare Trial Balance for DZK Ltd for the month ended on March 2021.
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by step
Solved in 2 steps with 1 images
Recommended textbooks for you
Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,
Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,
Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,
Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,
Horngren's Cost Accounting: A Managerial Emphasis…
Accounting
ISBN:
9780134475585
Author:
Srikant M. Datar, Madhav V. Rajan
Publisher:
PEARSON
Intermediate Accounting
Accounting
ISBN:
9781259722660
Author:
J. David Spiceland, Mark W. Nelson, Wayne M Thomas
Publisher:
McGraw-Hill Education
Financial and Managerial Accounting
Accounting
ISBN:
9781259726705
Author:
John J Wild, Ken W. Shaw, Barbara Chiappetta Fundamental Accounting Principles
Publisher:
McGraw-Hill Education