62. Preparation of internal and published financial statements Required Prepare for the year ended 30 June...
62. Preparation of internal and published financial statements Required: Prepare for the year ended 30 June 20x6 the statement of comprehensive income changes in equity and statement of financial position. * Question 3 Basalt plc is a wholesaler. The following is its trial balance as at 31 December 20X0. Dr £000 GE00 Ordinary share capital: £l shares Share premium General reserve Retained earnings as at January 20X0 Inventory as at January 20X0 Sales Purchases Administrative costs Distribution costs Plant and...
The following trial balance was extracted from the books of SOS。(PVT) on 16th June, 2018. ZMW Capital Returns outwards-raw materials Sales Returns outwards Vehicles Rent receivable Trade payables Issued share capital- ordinary shares Issued share capital-preference shares Share premium Opening stock of raw material Opening stock of work in progress Purchases-raw materials Dividend paid Direct expenses Retained earnings at 1/6/18 Inventory 13,500 250 22,050, 413 475 200 638 4,125 725 450 780 660 150 1,970 240 975 825 Purchases 6,263...
The following trial balance was extracted from the books of SOSO (PVT) on 16th June, 2018. ZMW Capital Returns outwards-raw materials Sales Returns outwards Vehicles Rent receivable Trade payables Issued share capital- ordinary shares Issued share capital-preference shares Share premium Opening stock of raw material Opening stock of work in progress Purchases-raw materials Dividend paid Direct expenses Retained earnings at 1/6/18 Inventory 13,500 250 22,050, 413 475 200 638 4,125 725 450 780 660 150 1,970 240 975 825 6,263...
Question 4 The following balances were extracted from the books of Sawadee Sdn Bhd for the year ended 31 December 2019. Retained profit 31 December 2018 Inventory 1 January 2019 Purchases Sales Return inwards Return outwards Carriage inwards Discount received for purchases Directors' remuneration Distribution expenses Administrative expenses Rental income (Commercial shop lot) Debenture interest Interest received on fixed deposit Commission receivable Interim ordinary shares dividends Motor vehicles at cost - Distribution Administration Plant and machinery at cost Wages -...
a, a statement of profit or loss and other comprehensive income
for the year ended 31 October 2019.
b.statement of financial position
Dr. s 1,476,948 4.349,474 66,554 18,600 --- - Purchases . Sales ... Returns inwards Returns outwards Insurance Wages and salaries --- Electricity Telephone charges Rent and rates Carriage Debenture interest paid Advertising expenses Trade receivables Trade pavables Discount received Cash at bank Allowance for doubtful debts, at 1 November 2018 Machinery, at cost Motor vehicles, at cost Accumulated...
This is BBM206/05 Business Accounting
II subject
Need 1 full-page answer, please
Question 4 The following balances were extracted from the books of Sawadee Sdn Bhd for the year ended 31 December 2019. Retained profit 31 December 2018 Inventory 1 January 2019 Purchases Sales Return inwards Return outwards Carriage inwards Discount received for purchases Directors' remuneration Distribution expenses Administrative expenses Rental income (Commercial shop lot) Debenture interest Interest received on fixed deposit Commission receivable Interim ordinary shares dividends Motor vehicles...
Prepare the Income Statement
Andy Fleming has been preparing his business's financial statements for the year ended 31 December 2017 The following balances have been extracted from the ledger accounts at 31 December 2017 Bank loan Bank loan interest Cash at bank Carriage inwards Carriage outwards Commission received Drawings General expenses Inventory at 1 January 2017 Motor vehicles 18 400 645 391 1 056 637 845 17 885 12 470 11 730 35 600 16 500 62 450 3 620...
Attached, is the Trial Balance for Barry Cooperation, for the year ended 30 June, 2018. Required: Prepare Classified Financial Statements (Income Statement and Balance Sheet Trial Balance of Barry Cooperation As at 30 June, 2018 ACCOUNT DEBIT CREDIT Assets Cash at Bank 22 327 Account Receivable Control 11 484 Provision for Doubtful Debts 420 Inventory 6 057 Prepaid Expenses 2 230 Office Machinery 59 000 Accumulated Depreciation on Office Machinery 15 213 Motor Vehicles 22 000 Accumulated Depreciation on Motor...
Q1. 4U Berhad Trial balance as at 30 June 2019 RM 0.000) RM (.000) 25,000 1.500 750 2.500 12.500 1.250 500 875 1.250 2.500 1.250 7,500 500 1,500 6.000 Sales @ RM 100 per unit Inventory at 14 May 2018 (15,000 @ RM 50) Trade receivables and payables Purchases Return inwards Carriage inwards Carriage outwards Return outwards Administrative expenses Selling and distribution expenses Plant and machinery at cost Discount received Commission Received Rental Building at cost Freehold land at cost...
plz solve step by step
Question 6 On 30 April 2002, the following balances were extracted from the books of Wilson Manufacturing Company: 9,890,400 4,372,000 58.000 83.840 Sales Purchases of raw materials Carriage inwards Carriage outwards Stocks, 1 May 2001 Raw materials Work in progress Finished goods Plant and machinery, at cost Office equipment, at cost 225,522 30,180 194,500 980,000 385,000 395,250 134,400 Rent and rates Electricity and water Wages and salaries Direct labour Indirect labour Administrative staff Repairs to...