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answer the whole question ASSIGNMENT 02 QUESTION1 The followirg is the trial balance of Eskimo Limited at 31 December 20x8 ESKIMO LIMITED (30 Marks 63
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ASSIGNMENT 02 QUESTION1 The followirg is the trial balance of Eskimo Limited at 31 December 20x8 ESKIMO LIMITED (30 Marks 63 minutes) TRIAL BALANCE AT Debit Credit 145 000 NoIt cuirrt liabilities: Loan from AB Bar Revaluation suupius (1/1/20x8 share capital 240 000 Revenue Sales Rent income Cost of sales Interest on bank overdraft 23 000 13 000 20 000 30 000 Bad debts Market Fuel Depreciation ex 40 000 50 000 Accounts receivable 23 000 Inventories 200 000 Equipmet: Accumlat Income tak eciation 40 00 1 800 15 000 Share capital corstitutes 120 000 ordinary shares of no per value. 20 000 shares were issued for N$40000 on the first day of the year The interest and rertal income are incidertal to main business operatiors. Page 15 af 21 ASSIGNMENT 02 QUESTION1 The followirg is the trial balance of Eskimo Limited at 31 December 20x8 ESKIMO LIMITED (30 Marks 63 minutes) TRIAL BALANCE AT Debit Credit 145 000 NoIt cuirrt liabilities: Loan from AB Bar Revaluation suupius (1/1/20x8 share capital 240 000 Revenue Sales Rent income Cost of sales Interest on bank overdraft 23 000 13 000 20 000 30 000 Bad debts Market Fuel Depreciation ex 40 000 50 000 Accounts receivable 23 000 Inventories 200 000 Equipmet: Accumlat Income tak eciation 40 00 1 800 15 000 Share capital corstitutes 120 000 ordinary shares of no per value. 20 000 shares were issued for N$40000 on the first day of the year The interest and rertal income are incidertal to main business operatiors. Page 15 af 21Step by Step Solution
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