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please do it in 45 minutes please urgently... I'll give you up thumb definitely 25. From the information below, prepare a Profit and Loss Statement
please do it in 45 minutes please urgently... I'll give you up thumb definitely
25. From the information below, prepare a Profit and Loss Statement and Balance Sheet for the year ended 30/06/2010 Cash at Bank Fixtures and Fittings Motor Vehicles Legal Fees Subscriptions Cleaning Postage Office Wages Trade Debtors (Accounts Receivable) Property Management Fees (Rec'd) Bank Fees Telephone Trade Creditors (Accounts Payable) Sales Commission Received Advertising Electricity Bank Loan Payable 30/06/15 Capital Sales Person Wages Property Management Wages Rental Received Directors Wages $ 60 000 22 500 21 500 2 000 1 400 12 000 1 500 130 000 8 750 142 000 1 185 17 000 10 000 350 000 22 500 15 000 10 000 23 335 90 000 55 000 25 000 100 000Step by Step Solution
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