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FIND CLOSING STOCK SHOW WORKING. Dr Cr Stock 1 April 2001 1,816,000 Sales 9,234,000 Purchases 6,918,500 Carriage inwards 42,000 Carriage outwards 157,000 Returns outwards 64,000

FIND CLOSING STOCK

SHOW WORKING.

Dr Cr
Stock 1 April 2001 1,816,000
Sales 9,234,000
Purchases 6,918,500
Carriage inwards 42,000
Carriage outwards 157,000
Returns outwards 64,000
Wages and salaries 1,024,000
Rent and rates 301,500
Communication expenses 62,400
Commissions payable 21,600
Insurance 40,500
Sundry expenses 31,800
Buildings 2,000,000
Debtors 1,432,000
Creditors 816,000
Fixtures 285,000
Cash at bank 297,000
Cash in hand 11,500
Drawings 762,000
Capital 5,088,800
Total 15,202,800 15,202,800

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