Question
The following trial balance has been extracted from the book of Aikins company ltd. For the year ended 31 st dec 2022 Inventory at the
The following trial balance has been extracted from the book of Aikins company ltd. For the year ended 31st dec 2022
Inventory at the close of business has a value at 17,100 Required.
Prepare an income statement for the year ending 31st December 2022 and a balance sheet as of that date.
There are various steps involved in the control process, state and explain those steps.
Maslows theory states that our actions one motivated by certain physiological and phycological needs that progress from basic to complex. Draw and explain Abraham Maslows hierarchy of needs.
4a. one of the attributes of managers is the ability to solve problems and make decisions. How do managers solve problems and make decisions?
4b. In solving and making decisions managers use some qualitative tools to state ad expand this process.
5a. what are the levels of managers?
5b. State and explain 5 functions of managers.
5c. who is a manager in an organization?
6. state and explain the decision-making process.
\begin{tabular}{|l|l|l|} \hline Particulars & Debit & Credit \\ \hline Sales & & \\ \hline Purchases & 90,000 & 150,000 \\ \hline Travel expenses & 5,700 & \\ \hline Drawings & 8,900 & \\ \hline Rent, rate \&insurance & 2,200 & \\ \hline Postage and stationery & 1,000 & \\ \hline Advertisement & 370 & \\ \hline Salaries and wages & 16,200 & \\ \hline Bad debt & 6,100 & \\ \hline Investment income & & 11,200 \\ \hline Debtors & 1004 & \\ \hline Creditors & & 270 \\ \hline Cash in hand & 880 & \\ \hline Cash at bank & 4700 & \\ \hline Inventory as of 1 January, 2022 & 4600 & \\ \hline Equipment at cost & & \\ \hline Loan & & 1700 \\ \hline Capital & & 55,000 \\ \hline \end{tabular}Step by Step Solution
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