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The following balances were obtained from the books of Nakhulo Traders on 31st Dec 2011 Additional information (i)Closing stock was valued at sh.72,000 (ii)Telephone charges prepaid shs.1100 (iii)Outstanding water...

      

The following balances were obtained from the books of Nakhulo Traders on 31st Dec 2011
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Additional information
(i)Closing stock was valued at sh.72,000
(ii)Telephone charges prepaid shs.1100
(iii)Outstanding water bill shs. 1300
(iv)Depreciation on equipment is 10% on cost carried inwards shs.11,000, carried outwards shs.10,000
Prepare;
Trading, profit and loss account for year ended 31st Dec 2011.

  

Answers


Kavungya
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Kavungya answered the question on September 25, 2019 at 08:46


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