Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Old MathJax webview SVS Ltd. was set up on January 2013. Its trial balance on January 31, 2013 is as follows. [15 Marks) SVS LTD.

Old MathJax webview

image text in transcribed

image text in transcribed

SVS Ltd. was set up on January 2013. Its trial balance on January 31, 2013 is as follows. [15 Marks) SVS LTD. Trial Balance, January 31, 2013 Amount in Rs. Particulars Debit Credit 15000 Buildings 12000 Office equipment 2140 Office supplies 1640 Trade receivables (debtors) 630 Cash 3600 Prepaid rent 1020 Trade payables (creditors) Options Calculator Views Question No: 01 Cash 630 Prepaid rent 3600 Trade payables (creditors) 1020 Unearned revenue 1600 Share capital 20000 Dividends 1000 Revenue from services (sales) 16870 Salaries expense 3100 Electricity expense 380 Total 39490 39490 The following additional information is available: Options SVS Ltd. was set up on January 2013. Its trial balance on January 31, 2013 is as follows. [15 Marks) SVS LTD. Trial Balance, January 31, 2013 Amount in Rs. Particulars Debit Credit 15000 Buildings 12000 Office equipment 2140 Office supplies 1640 Trade receivables (debtors) 630 Cash 3600 Prepaid rent 1020 Trade payables (creditors) Options Calculator Views Question No: 01 Cash 630 Prepaid rent 3600 Trade payables (creditors) 1020 Unearned revenue 1600 Share capital 20000 Dividends 1000 Revenue from services (sales) 16870 Salaries expense 3100 Electricity expense 380 Total 39490 39490 The following additional information is available: Options

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

Trade Union Finance

Authors: Marick F. Masters, Raymond Gibney

1st Edition

1032371382, 978-1032371382

More Books

Students also viewed these Finance questions