Answered step by step
Verified Expert Solution
Question
1 Approved Answer
29 30 business in the form of bank Paid Zakat Ltd. GHc 4,370 by cheque. Withdrew GHc2350from bank to pay daughter's school fees (20
29 30 business in the form of bank Paid Zakat Ltd. GHc 4,370 by cheque. Withdrew GHc2350from bank to pay daughter's school fees (20 Marks) QUESTION TWO. The following trail balance was extracted from the books of ADOM ENTERPRISE on 31/12/2017. Sales DR 'GHS 000' CR "GHS 000" 37,200 Purchases 23,112 Stock 1/1/2017 7,552 Carriage outwards 652 Return inwards 880 710 Return outwards Salaries and wages 4,894 Motor expenses 1,328 Rent 1,152 Sundry expenses 2,404 Motor vehicles 4,800 Fixtures and fittings 1,200 Debtors 8,154 Creditors 6,090 Bank 7,752 Cash 240 Drawings 4,100 Capital 25.688 69,688 69.688
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started