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Task 7 (15 marks). The following balances were part of the Trial Balance of C. Cainen on 31 December 2021: Additional information on 31 December
Task 7 (15 marks). The following balances were part of the Trial Balance of C. Cainen on 31 December 2021: Additional information on 31 December 2021 you should take into account that: (a) The rent for 4 months of 2022,160, has been paid in 2021 ; (b) 290 is owing for wages and salaries; (c) Insurance has been prepaid 190; (d) A telephone bill of 110 is owed; (e) Stock is valued at 3,910. Draw up Cainen's trading and profit and loss account for the year ended 31 December 2021
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