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From The Details in Image 1 A business, Rector and Sons Ltd, during the year ended 31 Dec 2015 found the following debts to be

From The Details in Image 1

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A business, Rector and Sons Ltd, during the year ended 31 Dec 2015 found the following debts to be bad. Rector and Sons Ltd Accountant wrote off the bad debts on the dates shown below: 31 May Gillian Ltd 3,200 30 Sep Black Ltd 3,630 30 NOV Krakow Logistics 1,560 30 NOV Smith Inc. 1,200 At the same time, Rector and Sons Ltd purchased a photocopier for 45,000 to be kept for eight years and then sold for 5,000. Rector and Sons Ltd Income Statement for the year ended 31 Dec 2015 Sales Income Closing (Stock) Inventory (25,000) 290,000 1 30,000 Missing Amount Missing Amount Salaries and Wages 79,000 Rent 18.000 Depreciation Missing Amount Bad Debts Missing Amount Missing Amount Missing Amount

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