Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

mem/mod/quattempt.phpattempt 237302&cmid=185412 PARTICULARS Time left 1:11 DR Sales 3.017.700 Capital 450,000 Bod debts 5.000 Stock at January 1, 2018 Purchasers 235.000 1.910.500 Returns Wages 42.200

image text in transcribed
image text in transcribed
image text in transcribed
mem/mod/quattempt.phpattempt 237302&cmid=185412 PARTICULARS Time left 1:11 DR Sales 3.017.700 Capital 450,000 Bod debts 5.000 Stock at January 1, 2018 Purchasers 235.000 1.910.500 Returns Wages 42.200 22. so 440.500 Rent Payable 180.000 Rates 85,500 800,000 Motor Vehiclo Provision for Depreciation - Motor Vehiclo Drawings 120.000 26,009 900.000 950.000 95.000 Loon Equipment Provision for Depreciation uomo Debtor hatums & Erfing Provision for Depreciation 150.000 5.00 here to search o SOKI 1.500 shehij/e/ttemptsplattempt 237302 cmid185412 Provision for Depreciation - Fures & Fittings Provhion for bod Hobi Commission Recolved Discounts Comage rwarch Rent Received from Getthova Johnson Creditors 12.000 7.500 4.500 31.ood 97.000 More 140.000 Canh 25.500 Year and notes Depreciate Equimento neng once odcho ban bosh i als crewing 135.000 woont on pod 2.000 and Carolus 1000 chmod tempo237303cmid=15412 al Depreciate Equipment at 10% on reducing balance. the motor vehicles at 10% on the straight line bani, fixtures & Rings 108.roducing balance bani b) Rates are owing $35.000, Woges are prepaid $8,000 and Commission Received is owing $3.000 c) Stock at December 31, 2018 $42.300, however it appears that an additional amount. $10.700 was found in a store room. The amount was deemed material and should be accounted for di On November 1, 2018. Jon look goods amounting to $5.000 from the warehouse and continued to do so at the beginning of every month up to March 2019 o) The Provision for bad debt is to be revised to 15 of debtor Required 1. Prepare the Statement of Profit or Lou for Jon Stayinide with appropriate reading mana 2 Prepare a statement of Financial Position for lon Stayinlide with propriate heading 120 maria) 1 B here to search o mem/mod/quattempt.phpattempt 237302&cmid=185412 PARTICULARS Time left 1:11 DR Sales 3.017.700 Capital 450,000 Bod debts 5.000 Stock at January 1, 2018 Purchasers 235.000 1.910.500 Returns Wages 42.200 22. so 440.500 Rent Payable 180.000 Rates 85,500 800,000 Motor Vehiclo Provision for Depreciation - Motor Vehiclo Drawings 120.000 26,009 900.000 950.000 95.000 Loon Equipment Provision for Depreciation uomo Debtor hatums & Erfing Provision for Depreciation 150.000 5.00 here to search o SOKI 1.500 shehij/e/ttemptsplattempt 237302 cmid185412 Provision for Depreciation - Fures & Fittings Provhion for bod Hobi Commission Recolved Discounts Comage rwarch Rent Received from Getthova Johnson Creditors 12.000 7.500 4.500 31.ood 97.000 More 140.000 Canh 25.500 Year and notes Depreciate Equimento neng once odcho ban bosh i als crewing 135.000 woont on pod 2.000 and Carolus 1000 chmod tempo237303cmid=15412 al Depreciate Equipment at 10% on reducing balance. the motor vehicles at 10% on the straight line bani, fixtures & Rings 108.roducing balance bani b) Rates are owing $35.000, Woges are prepaid $8,000 and Commission Received is owing $3.000 c) Stock at December 31, 2018 $42.300, however it appears that an additional amount. $10.700 was found in a store room. The amount was deemed material and should be accounted for di On November 1, 2018. Jon look goods amounting to $5.000 from the warehouse and continued to do so at the beginning of every month up to March 2019 o) The Provision for bad debt is to be revised to 15 of debtor Required 1. Prepare the Statement of Profit or Lou for Jon Stayinide with appropriate reading mana 2 Prepare a statement of Financial Position for lon Stayinlide with propriate heading 120 maria) 1 B here to search o

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

More Books

Students also viewed these Accounting questions

Question

1. Describe the power of nonverbal communication

Answered: 1 week ago