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Question The following trial balance was extracted from the books of the By-Air and Cadres PLC on 16h August, 2016. ZMK ZMK 13,500 Capital Returns

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Question The following trial balance was extracted from the books of the By-Air and Cadres PLC on 16h August, 2016. ZMK ZMK 13,500 Capital Returns outwards-raw materials Sales Returns outwards Vehicles Rent receivable Trade payables Issued share capital -ordinary shares Issued share capital-preference shares Share premium Opening stock of raw material Opening stock of work in progress Purchases-raw materials Direct expenses Retained earnings Inventory Purchases Returns inwards 12,050, 313 375 100 738 3,125 625 350 2 1 900 750 110 220 875 6,263 350 Question The following trial balance was extracted from the books of the By-Air and Cadres PLC on 16h August, 2016. ZMK ZMK 13,500 Capital Returns outwards-raw materials Sales Returns outwards Vehicles Rent receivable Trade payables Issued share capital -ordinary shares Issued share capital-preference shares Share premium Opening stock of raw material Opening stock of work in progress Purchases-raw materials Direct expenses Retained earnings Inventory Purchases Returns inwards 12,050, 313 375 100 738 3,125 625 350 2 1 900 750 110 220 875 6,263 350

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