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are you able to tell me if i have done this correctly thank you Trial Balance of Bennett & Barney as at 30 June 2022
are you able to tell me if i have done this correctly thank you
Trial Balance of Bennett & Barney as at 30 June 2022 Income Statement for Bennett & Barney for year ended 30 Sales Sales returns Selling expenses Administration expenses Financial expenses Purchases Cash at bank Accounts receivable Provision for Doubtful Debts Inventories Motor Vehicles Furniture Plant and Equipment Accumulated Depreciation Plant Accounts payable Bank Loan Capital - Bennett Capital - Barney Current- Bennett Current- Barney Drawings- Bennett Drawings- Barney Totals Debit 10,000 320,000 42,000 42,000 276,500 1.319.500 Credit 2,500 1,500 75,000 112,500 1.319.500 Sales Gross Profit Operating Expenses Selling expenses Administration expenses Financial expenses Total Operating Expenses Net Operating Income Other Income / Expenses Plant and Equipment Accumulated depreciation Total Operating Income Net Profit 10,000 276,500
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