The following trial balance was extracted from the books of Bumala traders on 31st Dec 2011 Additional information; (i)Stock as at 31st December 2011 shs 52,000 (ii)Rent...

      

The following trial balance was extracted from the books of Bumala traders on 31st Dec 2011
fig5125920191127.png
Additional information;
(i)Stock as at 31st December 2011 shs 52,000
(ii)Rent accrued shs. 6,000
(iii)Insurance paid in advanced sh.4,000
(iv)Commission due shs.5,000
(v)Salaries along shs.21,000
Required;
(a)Trading, profit and lost account for the year ended 31st December 2011.
(b)Balance sheet as at that date

  

Answers


Kavungya
Bumala Traders
Trading Profit and Loss Account
fig5225920191128.png
fig5325920191130.png
Kavungya answered the question on September 25, 2019 at 08:30


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