Question
the following balances are in the trial balance prepared on 12/31/2019 for Jones Business Company 30,000 stock in the first period 600,000 purchases 20,000 expenses
the following balances are in the trial balance prepared on 12/31/2019 for Jones Business Company
30,000 stock in the first period
600,000 purchases
20,000 expenses for the transportation of goods
900,000 sales
50,000 wages and salaries
40,000 rent management office
10,000 wrapping and packing expenses
20,000 advertising expenses
50,000 miscellaneous revenues
700,000 buildings
20,000 furniture
11,000 receivables
40,000 cash in the safe
180,000 in bank cash
1,000,000 capital
50,000 creditors
If you know that the stock of the last period was estimated at 100,000
Required:
Preparing a trading account
Preparing profit and loss account
Budget preparation
No hand writing please
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