Tanvir is a trader. His financial year ends on 31 December. Tanvir purchases all of his office
Question:
Tanvir is a trader. His financial year ends on 31 December.
Tanvir purchases all of his office stationery from Tabitha. He provided the following information for the year ended 31 December 20–8:
a. Prepare the following ledger accounts for the year ended 31 December 20–8:
i. Tabitha account
ii. Stationery account
The accounts should be balanced, totalled or transferred to the income statement as appropriate.
Tanvir is supplied with electricity by EE Limited. He pays by bank transfer after receipt of invoices which are issued every six months by EE Limited.
Tanvir provided the following information relating to the year ended 31 December 20–8:
b. Prepare the following ledger accounts for the year ended 31 December 20–8.
i. EE Limited account
ii. Electricity expense account
The accounts should be balanced, totalled or transferred to the income statement as appropriate.
Step by Step Answer:
Cambridge IGCSE And O Level Accounting Coursebook
ISBN: 9781316502778
2nd Edition
Authors: Catherine Coucom