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Question 1 The Trial Balance of Kimmy's Junk business as at 31 December year 9 as follow: Bank Capital as at 31 December year

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Question 1 The Trial Balance of Kimmy's Junk business as at 31 December year 9 as follow: Bank Capital as at 31 December year 8 Fixture and fitting at cost General expenses Insurance Interest paid inventory at 31 Dec Year 8 Lightening and heating Loan from Bank of Ruristan Payables Provision for bad debts Accumulated depreciation on delivery van as at 31 Dec year 8 Accumulated depreciation on fixture and fitting as at 31 Dec year 8 Accumulated depreciation on premises as at 31 Dec year 8 Purchases Trade receivables Sales revenue Shop premises at cost Delivery van at cost Wages DR CR 18,010 90,950 1,200 14,000 5,000 7,000 3,000 12,000 100,000 32,000 1,880 9,760 720 24,000 47,000 41,100 225,000 300,000 20,000 16,000 484,310 484,310

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