An inexperienced book-keeper has drafted the following trial balance. He has made some basic errors which you

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An inexperienced book-keeper has drafted the following trial balance. He has made some basic errors which you should be able to correct. The totals of the trial balance will then agree.LO.1

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Mastering Accounting

ISBN: 9780333511978

1st Edition

Authors: George Bright, Michael Herbert

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Question Posted: Jul 01, 2024 11:03 AM

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An inexperienced book-keeper has drafted the following trial balance. He has made some basic errors which you

Question:

Trial balance of John Williams as at 30 April 1990 dr Capital cr 20,000 Premises 12,000 Equipment 4,000 Debtors 2,000 Creditors 1,000 Stock 5,000 Rent and rates 1,000 Insurance 400 Wages 8,600 Sales 40,000 Purchases 25,000 Cash in bank 3,000 66,400 55,600

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Mastering Accounting

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