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can you please do 1 ab and 2 ab 1) 10 marks i) Depreciation expenses and accumulated depreciation was $1900 ii) the company used up
can you please do 1 ab and 2 ab
1) 10 marks i) Depreciation expenses and accumulated depreciation was $1900 ii) the company used up $16,750 worth of supplies iii)Rent of $18000 was for this accounting period iv) Interest payable of $250 was not in the trial balance. a) Prepare the adjusted trial balance (4 marks) b) Prepare the Income statement (multi-step) (6 marks) 2) 10 marks Balance as per bank statement as on 31st march 2021 is $18000. Balance as per the cash book is $1,3650. i) Outstanding Checks on the 30th march: PK Ltd: \$3000, JB LTD: $2000 ii)NFS cheek: $1250 iii) Safety deposit box charge was $200 iv) Notes collected $1000 and interest earned $50 and bank charges are $15 v) Checks deposits in transit $1235 a) Prepare the bank reconciliation as at 31st march 2021. (6 marks) b) Prepare the journal entries for NFS Check and Notes Collected. (4 marks) 1) 10 marks i) Depreciation expenses and accumulated depreciation was $1900 ii) the company used up $16,750 worth of supplies iii)Rent of $18000 was for this accounting period iv) Interest payable of $250 was not in the trial balance. a) Prepare the adjusted trial balance (4 marks) b) Prepare the Income statement (multi-step) (6 marks) 2) 10 marks Balance as per bank statement as on 31st march 2021 is $18000. Balance as per the cash book is $1,3650. i) Outstanding Checks on the 30th march: PK Ltd: \$3000, JB LTD: $2000 ii)NFS cheek: $1250 iii) Safety deposit box charge was $200 iv) Notes collected $1000 and interest earned $50 and bank charges are $15 v) Checks deposits in transit $1235 a) Prepare the bank reconciliation as at 31st march 2021. (6 marks) b) Prepare the journal entries for NFS Check and Notes Collected. (4 marks)Step by Step Solution
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