From the following data calculate the amount paid or received to that account during the year ended

Question:

From the following data calculate the amount paid or received to that account during the year ended 30 June 2022.

In f and in g the rental agreement is being complied with.

a Wages: reversal $2543, closed out to profit and loss $60 000, balance day adjustment $1086 b Insurance: reversal $715, closed out to profit and loss $3742, balance day adjustment $519 c Interest received: reversal $110, closed out to profit and loss $1748, balance day adjustment $169 d Electricity: reversal $1545, closed out to profit and loss $8569, balance day adjustment $1686 e Mortgage interest: reversal $285, closed out to profit and loss $3600, balance day adjustment $285 f Rent: reversal $650, closed out to profit and loss $10 000, balance day adjustment $800 g Rent received: reversal $200, closed out to profit and loss $3000, balance day adjustment $300

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question
Question Posted: