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Ignore blue writing please write in a table 5. Following is the trial balance of Great Moments Trading as on 31 May 20x8: cY Deb
Ignore blue writing please write in a table
5. Following is the trial balance of Great Moments Trading as on 31 May 20x8: cY Deb RM Purchases and sales Credit Beginning Inventory Capital Bank Overdraft Cash Discounts Returns inwards Return outwards 22,860 5,1601 "7,200 4,350 90 1,440 810 Carriage outwards 570 0??/1 Rent and Insurance 2,160 1,740 Provision for bad and doubtful debts 660 Pixtures and Fittings Delivery van Debtors and Creditors 1,200 2,100 11,10 6,060 Drawings Wages and salaries 2,880 8,940 450 General pffice expenses 61,740 61,740 stomev Iice ee Additional Information: 1. Inventory as at 31 May 20X8 was RMA, 290. 2. Wages and salaries accrued at 31t May 20X8 is RM210 3. Office Expenses owing RM20. 4. Rent prepaid RM180. 5. Increase the provision for bad and doubtful debts by RM150 to RMB10 You are required to: year ended 31t May 20x8. b. Prepare a balance sheet, as at 31"t May 20X8. a. Prepare a trading and profit and loss account for theStep by Step Solution
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