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Question 1 From the following trial balance of A. Abaham draw up a statement of comprehensive income for year ended 30 September 2009 and a
Question 1 From the following trial balance of A. Abaham draw up a statement of comprehensive income for year ended 30 September 2009 and a statement of Financial Position as at that date. Cr N Dr N 7,104 600 930 615 966 35,622 55,800 Stock 1 Octobber 2008 Carriage Outwards Carriage inwards Returns inwards Returns outwards Purchases Sales Salaries and wages Rent Insurance Motor expenses Office expenses Lighting and heating expenses General expenses Premises Motor vehicles Fixture and fitting Debtors Creditors Cash at bank Drawings Capital 11,586 912 234 1,992 648 498 942 15,000 5,400 1,050 11,688 5,193 1,446 3,600 37,908 99,867 99,867 Additional information: Stock at 30 September 2009 was N8,838
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