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Prepare Trading and Profit and Loss Account and a Balance Sheet of John for 31st December 2019: Particulars Good will Debtors Bank overdraft Purchases Sales

Prepare Trading and Profit and Loss Account and a Balance Sheet of John for 31st December 2019: Particulars Good will Debtors Bank overdraft Purchases Sales Wages Salaries Capital Adjustments: Closing stock 10000 Outstanding wages 1000 Prepaid salaries 500 50,000 5,000 4,000 10,000 60,000 5,000 4,000 10,000 74,000 74,000

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