Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

please write In a table 5. Following is the trial balance of Happy Enterprise Trial Balance as at 31 May 2012 Dobit RM Crodit RM

image text in transcribed

please write In a table

5. Following is the trial balance of Happy Enterprise Trial Balance as at 31 May 2012 Dobit RM Crodit RM 18,600 Sales Purchases Opening Inventory Carriage outwards Carriage inwards Returns inwards Returns outwards Salaries and wages Motor Expenses Rent Sundry expenses Motor vehicles Fixtures and Fittings Debtors Creditors Cash at bank Cash in hand Drawings Capital 11,556 3,776 326 234 440 355 2,447 664 576 1,202 2,400 600 4,577 3,045 3,876 120 2,050 12,844 34,844 34,844 Inventory as at 31 May 2012 was RM4, 998, You are required to: (a) Prepare an income statement for the year ended 31 May 2012 (b) Prepare a balance sheet as at 31 May 2012

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_2

Step: 3

blur-text-image_3

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

Fia Foundations Of Financial Accounting Ffa Interactive Text

Authors: BPP Learning Media

1st Edition

1509724176, 978-1509724178

More Books

Students also viewed these Accounting questions

Question

Personal role: This consists of service to family and friends.

Answered: 1 week ago