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QUESTIONS Della runs a small grocery store, known as Padel Store. The following the dance of Padel Store 30 June 2012 PADELI STORE Trial Balance
QUESTIONS Della runs a small grocery store, known as Padel Store. The following the dance of Padel Store 30 June 2012 PADELI STORE Trial Balance as at 30 June 2012 Debit Cred 250.700 18,000 100,000 90,000 75,000 1,500 2,000 25,000 2.000 1.200 120,000 1.400 3.800 150,000 13.000 1,700 500 13,000 Capital Opening inventory, 1 July 2011 Delivery van Investment Purchases and Sales Returns Verides maintenance Officement Rent General expenses Bank loan Fixtures and fittings Interest on loan Insurance on purchases Insurance Interest in investment Sundry debtors Sundry creditors Duties on purchase Printing expenses Salaries Drawings Cash Bank Commission Transportation out Transportation in Discount Postage and stationery Premises Petty oh 74,000 6.000 500 1,000 500 14,700 1,700 3,000 27,850 700 500 900 1,350 1,900 125,000 500 587,100 750 587,100 aliningting Additional information a) Closing inventory on 30 June 2012 was RM20,000 at cost price and RM21,000 at market price. b Interest on loan owing for RM300 c) Uneamedrent revenue AM820. di Rent paid in advance amounted RMMOO e Commission revenue accrued RM150 Write off AM3,000 as a bad debt. You are required to prepare al Statement of Comprehensive Income for the year ended 30 June 2012 Statement of Franical Position as at 30 June 2012. Gross Profit: RM43,900 Net Profit: RM8, 780 Statement of Financial Position: RM468,800
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