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Old MathJax webview provide income statement and balance sheet to somewerterul balance was extracted from the book of Peter Mackie on 30 April 2020. o
Old MathJax webview
provide income statement and balance sheet
to somewerterul balance was extracted from the book of Peter Mackie on 30 April 2020. o ang ttu note below il prepare his income statement for the year ending 30 April and balance sheet as on that date DI Cr 26,200 16,450 2,266 534 295 entory 1 May 2019 Couge outwards Corruge inwards Motor Vehicles accumulated depreciation factures and Fittings: accumulated depreciation Returns inwards Returns outwards Salanes and wages 3,800 240 670 392 2,692 729 843 1,390 7,600 800 4,965 Motor expenses Rent Sundry expenses Motor vehicles Futures and fittings Accounts receivable Accounts payable Cash at bank Cash in hand Drawings Capital 3,277 1,648 150 8,400 Note: 15,523 49,432 49,432 Closing inventory amounted to 2,860. Depreciation is to be charged at rates of 10 per cent on cost for fixtures and fittings and 25 per cent on cost for motor vehicles. Bad debts of 365 are to be written offStep by Step Solution
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