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Question 6 (5 marks) Kim trading had the following balances as at 31 st December 20x3 TransactionsAmount $ Cash1,000Debtor12,000Bank overdraft900Creditor2,000Accumulated Depreciation of Motor Vehicle2,500Motor vehicles25,000Interest
Question 6 (5 marks)
Kim trading had the following balances as at 31st December 20x3
TransactionsAmount $ Cash1,000Debtor12,000Bank overdraft900Creditor2,000Accumulated Depreciation of Motor Vehicle2,500Motor vehicles25,000Interest income350Building80,000Capital?Depreciation of Motor Vehicle1,250Drawings4,900Rent expense6,700Utilities expense900Service fee revenue17,000Commission income4,500Salary expense3,200
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