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answer for b because just now when i post this question i only get the answer for a. if can pls answer a and b
answer for b because just now when i post this question i only get the answer for a. if can pls answer a and b The following Trial Balance was extracted from the books of J Carson at 31 December 2005 bir 30,000 2,000 800 155,000 6.000 15,000 255,450 Capital Carriage in Carriage out Purchases Motor vehicle Office equipment Sales Wages and salaries Lighting and heating Rent and rates Vehicle running costs Telephone expenses General office expenses Debtors Creditors Provision for Depreciation: Motor vehicle Office equipment Drawings Bank Cash Stock Returns inwards Returns outwards 48.000 7,500 5.250 2,500 7.000 3.800 35.000 20.200 3,000 4,500 15.400 8.100 800 8,000 4.000 322,150 3.000 322160 Additional information at 31 December 2005 (1) Stock was valued at 10,000 (2) Rent prepaid 1,750 (3) Telephone expenses accrued 500 (4) Depreciation is to be provided for as follows: Motor vehicle -50% reducing balance Office equipment -20% straight line (5) A doubtful debts provision is to be created at 5% of debtors REQUIRED Prepare for J. Carson: (a) A Trading and Profit & Loss Account for the year ended 31 December 2005. (13 marks) (a) A Balance Sheet at 31 December 2005 (12 marks) (Total 25 marks)
answer for b because just now when i post this question i only get the answer for a.
if can pls answer a and b
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