4 Share + 142% 9:15 AM 8/25/2020 - -- Sign in TT Equation Symbol- Symbols Header- Footer # Page Number Header & Footer Tell me what you want to do # (a) On 31st December, A Rock received his debtors and decided that 1000 should be written Trading and Profit and loss Account for the year ended 31st December 1988 and CI Q.13. The following information has been extract from the books of A. Rock, a Sole Proprietor for the year ended 31/12/1988 Trial Balance of A Rock as at 31st December, 1988. 86,000 Capital 1 Jan. 60,000 Stock ! Jan 120,000 Buildings 10,000 Fixtures and Fitting Motor Vehicle 30,000 15,000 Debtors and Creditors 40,000 Advertising 1.000 1,000 Insurance 02 A Salaries Provision for Bad debt 500 Date Rates 1,000 Discounts 2,000 1,000 Returns 200 200 Purchases 80,000 150,000 Additional information: off as bad debt Provision gfor Bad debts is 5% (0) Electricity bill outstanding N500 (d) Insurance prepaid 200 Stock at 31st December N 70,000 (1) One quarter of Electricity relates to Trading (8) Depreciation on fixtures and Fittings is 5% and Motor vehicle 10% You are required to prepare: ) A Balance Sheet as at that date.. (Source: WAEC GCEO'LEVEL Nov. 1990 Comment Comments Bookmark 6. Cross-reference Links Link Picture Tools Format 45,000 Help View M Sales Electricity Bank General Expenses Bank Loan My Add-ins - Wikipedia Get Add-ins 2,000 8.500 2.000 Review Add-ins 377,700 100.000 377,700 accting - Word Mailings le) References Shapes 6+ Screenshot Layout SmartArt Illustrations il Chart Design Pictures Insert Table Tables Home Page 2 of 7 Owords Search Windows Cover Page 1 Blank Page Page Break Pages 5 File H