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Old MathJax webview I posted this question before and someone gave a good answer but i forgot to add a term of opening balance and
Old MathJax webview
I posted this question before and someone gave a good answer but i forgot to add a term of opening balance and now i need this questions answer with that.
Organisation = King T-shirt Ownert = student name Here is some information about the month of October 2020 Bank opening balance = 101,000$ Depreciation = 48,000$ RM opening balance = 5,000$ Floor supervisor and Director = paid a total of 30,000$ for their October salaries Wip monthend physical count = 14,000$ Electricity payment = 25,000$ Purchase on credit 75,000 meter of fabric at 2.50$/meter RM monthend physical count = 2,000$ Employees worked 3,500 hours at 17.28$/hr. All paid. Insurance payment = 8,000$ Wip opening balance = 19,000$ Sales cash = 900,000$ FG monthend physical count = 80,000$ Rent payment = 35,000$ FG opening balance = 50,000$ Capital opening balance = 175,000 (credit) > Prepare the following: o Journal entries, o T accounts, o Trial balance, o Cost of Goods Manufactured statement, o Income statement, Statement of change of equity, o Balance sheetStep by Step Solution
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