Prepare a trading and profit and loss account from the following information relating to the business of

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Prepare a trading and profit and loss account from the following information relating to the business of Judy Brooks for the period from 1 Jan.

1990 to 30 June 1990.

Sales of meals and drinks Purchases of food and drinks Returns outward Stock of food and drink 1 Jan. 1990 Stock of food and drink 30 June 1990 Rent and rates Depreciation on fixed assets Insurance Waiters' wages Gas and electricity

£

16,000 4,000 200 400 600 250 250 100 3,000 500

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Mastering Accounting

ISBN: 9780333511978

1st Edition

Authors: George Bright, Michael Herbert

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