The following is the list of balances obtained from Syaamsuria Enterprise as at 31 December 2021. Details Sales Inventory as at 1 January 2021 Purchases Inventory as at 31 December 2021 Return inwards Carriage inwards Rent expenses Duty on purchases Wages and salaries Telephone and electricity Insurance Carriage outwards Motor expenses Stationeries Discount allowed Bad debts Interest on loan Return outwards Discount received Commission received Land and building Motor vehicles Accumulated depreciation - motor vehicles Account receivables Cash in hand Cash at bank Drawings Capital Office furniture Accumulated depreciation - office furniture Account payable Loan from bank (10 years) RM 400,000 30,000 200,000 40,000 15,500 4,000 2,500 1,000 3,000 600 900 2,000 700 300 700 500 300 18,000 600 400 91,400 25,000 5,400 50,000 1,930 85,000 2,000 50,000 15,000 7,000 44,930 6,000

The following is the list of balances obtained from Syaamsuria Enterprise as at 31 December 2021. Details Sales Inventory as at 1 January 2021 Purchases Inventory as at 31 December 2021 Return inwards Carriage inwards Rent expenses Duty on purchases Wages and salaries Telephone and electricity Insurance Carriage outwards Motor expenses Stationeries Discount allowed Bad debts Interest on loan Return outwards Discount received Commission received Land and building Motor vehicles Accumulated depreciation - motor vehicles Account receivables Cash in hand Cash at bank Drawings Capital Office furniture Accumulated depreciation - office furniture Account payable Loan from bank (10 years) RM 400,000 30,000 200,000 40,000 15,500 4,000 2,500 1,000 3,000 600 900 2,000 700 300 700 500 300 18,000 600 400 91,400 25,000 5,400 50,000 1,930 85,000 2,000 50,000 15,000 7,000 44,930 6,000

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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Similar questions

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