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Enterprise. GH GH 6,000 Stock 1/1/1998 Cash at Bank Cash in Hand Furniture and fittings 3,000 1,200 4,200 50,000 2,000 30,000 1,000 9,000 4,000

Enterprise. GH GH 6,000 Stock 1/1/1998 Cash at Bank Cash in Hand \Furniture and fittings 3,000 1,200 4,200 50,000 2,000 30,000 1,000 9,000 4,000 Purchases Carriage Inwards Wages Insurance- Fuel & power Rent & Rates 9,000 166,000 15,000 Discount Received Sales Advertisement Salaries 24,000 Commission du Sales Returns 3,000 6,000 12,000 Sundry office Expenses Carriage outwards Purchases Return- 3,000 5,000 Value of closing stock on 31 st Dec. 1998 was GH9,000 You are required to prepare Trading, Profit and Loss Account for the year ended 31 Dec. 1998

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