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asap The trial balance of XYZ enterprises is given for 2020-21. You are required to prepare final accounts for the same. Trial Balance Particulars Debit
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The trial balance of XYZ enterprises is given for 2020-21. You are required to prepare final accounts for the same. Trial Balance Particulars Debit Credit Sundry debtors 15,000 Opening stock 50,000 Land and building 1,00,000 Capital 2,50,000 Rent received 6,000 Cash in hand 16,000 Cash at bank 40,000 Wages 30,000 Sundry creditor 70,000 Balance receivables 20,000 Interest given 2,000 Bad debts 5,000 Repairs 3,000 Sales 1,70,000 Balance Payable 40,000 Furniture/Fixture 15,000 Depreciation 10,000 Rent and taxes 8,000 Salaries 20,000 Drawing 20,000 Purchase 1,00,000 Office expenditure 25,000 Plant and machinery 57,000 Total 5,36,000 5,36,000 The trial balance of XYZ enterprises is given for 2020-21. You are required to prepare final accounts for the same. Trial Balance Particulars Debit Credit Sundry debtors 15,000 Opening stock 50,000 Land and building 1,00,000 Capital 2,50,000 Rent received 6,000 Cash in hand 16,000 Cash at bank 40,000 Wages 30,000 Sundry creditor 70,000 Balance receivables 20,000 Interest given 2,000 Bad debts 5,000 Repairs 3,000 Sales 1,70,000 Balance Payable 40,000 Furniture/Fixture 15,000 Depreciation 10,000 Rent and taxes 8,000 Salaries 20,000 Drawing 20,000 Purchase 1,00,000 Office expenditure 25,000 Plant and machinery 57,000 Total 5,36,000 5,36,000Step by Step Solution
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