Question
Question 6 The Trial Balance of Supercomfort Sdn. Bhd. at 30 June 2020 is given as follows: DR CR RM RM Share capital 50,000
Question 6 The Trial Balance of Supercomfort Sdn. Bhd. at 30 June 2020 is given as follows: DR CR RM RM Share capital 50,000 Inventory at 30 June 2019 38,295 Trade receivables 26,890 Trade payables 12,310 10% debentures Revaluation reserve 20,000 16,000 Retained earnings 3,940 Debenture interest 1,000 Equipment at cost 35,000 Motor vehicles at cost 28,500 3,619 Bank Cash in hand 180 99,500 Sales 68,600 Purchases 1,150 2,250 Returns Carriage inwards 240 Wages & salaries 11,000 Rent, assessment and insurance 5,170 1,246 640 Discounts Directors' remuneration 2,500 Accumulated depreciation: 7
Step by Step Solution
There are 3 Steps involved in it
Step: 1
![blur-text-image](https://dsd5zvtm8ll6.cloudfront.net/includes/images/document_product_info/blur-text-image.webp)
Get Instant Access with AI-Powered Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
![blur-text-image](https://dsd5zvtm8ll6.cloudfront.net/includes/images/document_product_info/blur-subtext-image.webp)
Step: 3
![blur-text-image](https://dsd5zvtm8ll6.cloudfront.net/includes/images/document_product_info/blur-subtext-image.webp)
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started