Question
Farid's Trial Balance on 30 June 2008 shows: $ 6,500 Wages Water and light 200 The following items are still outstanding: $ Wages Water
Farid's Trial Balance on 30 June 2008 shows: $ 6,500 Wages Water and light 200 The following items are still outstanding: $ Wages Water and light 100 30 REQUIRED: a. What are the total of the wages and water and light expenses to be shown in the income statement for the year ended 30 June 2008. b. What information relating to the two expenses would be shown in the statement of financial position as at 30 June 2008.
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Financial Accounting and Reporting
Authors: Barry Elliott, Jamie Elliott
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