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Qtion 3: (30 Mark) Below is the Trial Balance of Marhaba High School for the yuar unding 31 Ducumber, 2019 Debel balances Furniture Science
Qtion 3: (30 Mark) Below is the Trial Balance of Marhaba High School for the yuar unding 31" Ducumber, 2019 Debel balances Furniture Science laboratory equipment Library School Building 10% s Uman Kish 20000 25000 30000 125000 50000 35000 5000 General expanses 4000 Open day expenses 2300 Cash in band Salaries Stationary Additional information: 1. Schoolfas not yet racaived from stodants CBR 4000. 2. Since laboratory equipment to be depreciated at the rate of 20% 3. Salarias outstanding OMK 10000 4. Library to be depreciated at the rate of 10% 3. Naw fait costing OMR 15000 was purchased on credit on 1" January but not raconlad in the books 6. Old furniture having book valus OMR 5000 was sold on 1" July. 7. Dupreciation to be charged at the rate of 10% fami Required: Prepare Incase and Expenditure Account and Balance host for the year ending 51" December, 2019 Cash at bank TOTAL 357500 Credit balanc Creditors for supplies nident Fees 2500 $7500 Kastration fo 2300 Auditorium Rum received 3000 Miscellaneous Receipt 1000 Goverment grant 20000 Capital Fund Donation for new Mack 23000 Sale of old furnitur 4000 TOTAL 357500
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