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hi, you just need to classify like (Wages and salries = exp ,and account payable =current lib ) thank you. I ASK 1 Complete the
hi, you just need to classify like (Wages and salries = exp ,and account payable =current lib ) thank you.
I ASK 1 Complete the table below by writing each account into their correct classification Motor Vehicles Land & Buildings Fees earned Drawings Repairs and Maintenance Telephone GST Collected Sales Capital Loan from Mother Mortgage on Land & Cash at bank (repayable in 10 months). Buildings (repayable in 15 years) Petty Cash Wages and salaries paid Shares in CIQ Ltd Accounts Receivable Interest paid on Mortgage Rent paid Income Tax Payable Commission received Service Revenue Inventory Patents Accounts Payable GST Paid Insurance Discount Allowed Term Deposit (16 months) Commission Paid Furniture & Fittings In the table the Cash at bank account has been filled in as an exampleStep by Step Solution
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