Michael Atisse (continued) You have the following additional information. 1. Closing stock of tools 4,500 2. Depreciation
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Michael Atisse (continued)
You have the following additional information.
1. Closing stock of tools £4,500 2. Depreciation is to be written off the fixed assets as follows:
Buildings £3,000 Motor car £2,000 Computer £1,400 Office equipment £1,800 Required: ‘
Prepare M. Atisse’s trading and profit and loss account for the year ended 31 December 2001 and the balance sheet as at 31 December 2001.
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