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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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Financial Reporting Financial Statement Analysis And Valuation
Authors: James M Wahlen, Stephen P Baginskl, Mark T Bradshaw
10th Edition
0357722094, 978-0357722091
