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The trial balance below is from the books of Carol Singh. Prepare the Statement of Profit or Loss and a Statement of Financial Position as
The trial balance below is from the books of Carol Singh. Prepare the Statement of Profit or Loss and a Statement of Financial Position as at October
Dr Cr
$ $
Sales
Opening stock
Purchases
Return inwards
Carriage outwards
Returns outwards
Carriage inwards
Salaries and wages
Rent
Motor expenses
Furniture and fixtures
Motor vehicle
Accounts receivable
Accounts payable
Cash at bank
Drawings
Capital
Inventory at October was $
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