Question
Trial Balance of Delciee Ltd as at 29 February 2020 Detail Debit Credit Bank 188700 Capital 450000 Cash 121995 Asset 80000 Furniture 15000 Purchase 34300
Trial Balance of Delciee Ltd as at 29 February 2020
| Detail | Debit | Credit |
| Bank | 188700 |
|
| Capital |
| 450000 |
| Cash | 121995 |
|
| Asset | 80000 |
|
| Furniture | 15000 |
|
| Purchase | 34300 |
|
| Accounts Payable |
| 10000 |
| Account receivable | 9500 |
|
| Sales |
| 37795 |
| Equipment | 5000 |
|
| Return inward |
| 3200 |
| Return outward | 3500 |
|
| Drawing | 8000 |
|
| Salary | 30000 |
|
| Expense | 5000 |
|
|
| 500995 | 500995 |
Prepare an Income Statement and Statement of Financial Position.
Please answer this ASAP PLEASE!! Thank you:)
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started
Implementing Standardized Work Training And Auditing
Authors: Alain Patchong
1st Edition
146656363X, 978-1466563636
