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Question 4 [43] The following information relates to Mr Perfect Ltd. Their financial year ends on the last day of August. Pre-adjustment trial balance
Question 4 [43] The following information relates to Mr Perfect Ltd. Their financial year ends on the last day of August. Pre-adjustment trial balance of Mr Perfect Ltd on 31 August 2021 Details Debit Credit Statement of financial position section Capital 936 721 Drawings 5 500 Land and buildings 980 000 Vehicles 246 560 Accumulated depreciation: Vehicles 49 560 Equipment 75 300 Accumulated depreciation: Equipment 19 590 Fixed deposit (11% p.a.) 130 000 Trading inventory 60 000 Trade receivables Allowance for credit losses Bank Loan from FNB Trade payables Nominal section Sales 44 750 2 080 126 760 90 000 44 500 755 000 Dese 7 of Assignment
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