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Q3) Following is the Trial Balance of Hamza Trading Company as on 31-12-2021. You are required to prepare Income Statement and Balance Sheet. End period
Q3) Following is the Trial Balance of Hamza Trading Company as on 31-12-2021. You are required to prepare Income Statement and Balance Sheet. End period adjustments are as follow: - The merchandise inventory as on 31-12-2021 was valued at SR 3,000. - Supplies unexpired SR 650. - Outstanding wages SR 120. - Commission earned but not received yet SR 500 . - Bad debts SR. 700
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