Question
File to be used for Part B question which I have posted above. Proforma for Sydney Ltd Trial balance Sydney Ltd - Trial Balance as
File to be used for Part B question which I have posted above.
Proforma for Sydney Ltd Trial balance
| Sydney Ltd - Trial Balance as at 30 June 2021 | DR | CR |
| $000 | $000 | |
| Sales of goods | ||
| Gain from trading securities | ||
| Cost of sales* | ||
| Office Rent | ||
| Advertising and distribution expense | ||
| Sales commission expense - (selling) | ||
| Utility bills | ||
| Wages and salaries (selling) | ||
| Wages and salaries- (administrative) | ||
| Bad debts expense | ||
| Depreciation expense - buildings | ||
| Depreciation expense - Furniture | ||
| Interest expense | ||
| Bank charges | ||
| Income tax expense | ||
| Cash on hand | ||
| Cash on deposit, at call | ||
| Trade debtors | ||
| Allowance for doubtful debts | ||
| Other debtors | ||
| Inventory | ||
| Trading securities | ||
| Land | ||
| Buildings | ||
| Accumulated depreciation buildings | ||
| Furniture | ||
| Accumulated depreciation Furniture | ||
| Patents | ||
| Amortisation of patents | ||
| Bank loans | ||
| Other loans | ||
| Trade creditors | ||
| Provision for employee benefits | ||
| Warranty provision | ||
| Current tax payable | ||
| Deferred tax liability | ||
| Share Capital | ||
| Dividends paid | ||
| Retained earnings, transfer to general reserve | ||
| General reserve | ||
| Land revaluation surplus | ||
| Retained earnings, 30 June 2020 | ||
| Total |
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International Corporate Reporting Global And Diverse
Authors: Pauline Weetman, Ioannis Tsalavoutas, Paul Gordon
5th Edition
1138364991, 9781138364998
