Ben Trent provides the following trial balance extracted from his books of account on 31 March 20*8,
Question:
Ben Trent provides the following trial balance extracted from his books of account on 31 March 20*8, after his first year of trading:
Additional information at 31 March 20*8:
stock was valued at £8,459; accrued wages amount to £874.
Required
Prepare:
a) A trading and profit and loss account for the year ended 31 March 20*8
b) A balance sheet at 31 March 20*8.
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