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Prepare a set of sole leader financial statements from the information below Alpha Stores Trial Balance as at 31 March Dr 2 000 CF E
Prepare a set of sole leader financial statements from the information below Alpha Stores Trial Balance as at 31 March Dr 2 000 CF E 248 783 68 975 1 206 780 220 3 135 Inventory Sales Purchases Sales Returns Purchase Returns Carriage Inwards Discounts Received Discounts Allowed Wages Insurance General Expenses Heat and Light Bad Debts Non-current (fixed) assets Trade Receivables Trade Payables Bank Cash Capital Short-term Loan 2474 111 220 7500 39 590 3 880 965 277 200 6700 2 100 I 37 750 1 500 185 082 50 000 525 530 525 530 Additional Information: 1 Alpha Stores had an opening inventory of 32 000 2. Depreciation is not charged on non-current (fixed) assets
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