9.6A F Brown drew up the following trial balance as at 30 September 20X8. You are to draft the trading and profit and loss account for the year ended 30 September 20X8 and a balance sheet as at that date. Capital Drawings Cash at bank Cash in hand Debtors Creditors Stock 30 September 20X7 Van Office equipment Sales Purchases Returns inwards Carriage inwards Returns outwards Carriage outwards Motor expenses Rent Telephone charges Wages and salaries Insurance Office expenses Sundry expenses Stock at 30 September 20X8 was £89,404. Dr £ 28,600 4,420 112 38,100 72,410 5,650 7,470 254,810 2,110 760 2,850 1,490 8,200 680 39,600 745 392 216 468,615 Cr f 49,675 26,300 391,400 1,240 468,615
9.6A F Brown drew up the following trial balance as at 30 September 20X8. You are to draft the trading and profit and loss account for the year ended 30 September 20X8 and a balance sheet as at that date. Capital Drawings Cash at bank Cash in hand Debtors Creditors Stock 30 September 20X7 Van Office equipment Sales Purchases Returns inwards Carriage inwards Returns outwards Carriage outwards Motor expenses Rent Telephone charges Wages and salaries Insurance Office expenses Sundry expenses Stock at 30 September 20X8 was £89,404. Dr £ 28,600 4,420 112 38,100 72,410 5,650 7,470 254,810 2,110 760 2,850 1,490 8,200 680 39,600 745 392 216 468,615 Cr f 49,675 26,300 391,400 1,240 468,615
Excel Applications for Accounting Principles
4th Edition
ISBN:9781111581565
Author:Gaylord N. Smith
Publisher:Gaylord N. Smith
Chapter22: Master Budget (master)
Section: Chapter Questions
Problem 2R: Open the file MASTER from the website for this book at cengagebrain.com. Enter all the formulas...
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