The following information relates to A Traders business: During the year, Trader had sold private investments for

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The following information relates to A Trader’s business:

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During the year, Trader had sold private investments for £4,000 which he paid into the business bank account, and he had drawn out £200 weekly for private use.
Required:
Prepare a balance sheet as at 31 December 2009 and give the net profit as at that date.

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Business Accounting Uk Gaap Volume 1

ISBN: 9780273718765

1st Edition

Authors: Frank Wood, Alan Sangster

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