I need answer of it aa soon as possible o the followingis the tral baance ab RajeeuDec 1998Debit(7)Credit(7)paoiticulars275DLand E buildingsplant E machinesy AStock on i1199s13324173T-Y,Sales T-20,783puschases T-0r12,733cauiage T-BYBad dabts Pal-oY225wages TDebtoxs12275445Couditors L2429ducount 9received PSL-EX763ducount allowed824twiniture A192 ndCapitalGeneval eiperues prael orBank Balance A1065913381874RatuPL- DEDrawingsL-Cap-lan18553463434634The stock on 31) 12/1998 was Ri. 4420. T-ct.6-AShot on Y15Vivo Al camera

The Trail Balance is given as on 1998. Required 1. Trading & Profit & Loss Account. 2.…

on 3 (1) The following u the tral balance ab Rajeu. Dr Dec 1998. Debit (7) Credit particulaos 275D Lond E buildings plant & machinesy A Stock on 1ms 1332 4173 T-N, Sales 1-* 20,783 puachases T-or 12,733 cauiage T-DY Baddabts Pal-DY 225 wages T: Debtoxs 1227 5445 Couditors L 2429 ducount 9leceived PSL-EX 763 ducount allowed PLL-D 824 tuiniture A 192 capital Geneval eiperues Pal ny Bank Palance A 10659 1338 1894 Rates PL- D Drawings L-Cap-lan 1855 34634 34634 The stoct on 31 12/198 wns R. 4420. T- C6A Shot on Y15 Vivo Al camera

on 3 (1) The following u the tral balance ab Rajeu. Dr Dec 1998. Debit (7) Credit particulaos 275D Lond E buildings plant & machinesy A Stock on 1ms 1332 4173 T-N, Sales 1-* 20,783 puachases T-or 12,733 cauiage T-DY Baddabts Pal-DY 225 wages T: Debtoxs 1227 5445 Couditors L 2429 ducount 9leceived PSL-EX 763 ducount allowed PLL-D 824 tuiniture A 192 capital Geneval eiperues Pal ny Bank Palance A 10659 1338 1894 Rates PL- D Drawings L-Cap-lan 1855 34634 34634 The stoct on 31 12/198 wns R. 4420. T- C6A Shot on Y15 Vivo Al camera

Quickbooks Online Accounting

3rd Edition

ISBN:9780357391693

Author:Owen

Publisher:Owen

Chapter4: Operating Activities: Sales And Cash Receipts

Section: Chapter Questions

Problem 2.4C

See similar textbooks

Similar questions

38 - Entity A has paid 10000 TL of its 50000 TL debt to sellers by bank transfer. Which account is credited in the registration to be made?A) 320 SellersB) 321 Debt SecuritiesC) 100 CratesD) 102 BanksE) 120 Buyers
9 - CODE AND NAME OF THE ACCOUNT WILL BE DEBT 610 RETURNS ON SALES 1.000 191 DEDUCTIBLE VAT 180 100 CASE 1180 Which process does the registration belong to?A) The customer returns the goods he receivedB) The seller returns the goodsC) Discounting to the customerD) The business returns the goods it has receivedE) Discounting on goods sold
At 31 December 2002 A Co had the following balances:Trade Receivable 52000Trade payables 60000Sales Revenue 890000Sales returns and allowances 5000Allowance for uncollectible accounts (1/01/2021) 1000During 2003 a customer was declared a bunkrupt and 200 should be written off via allowance methodProvide extracts from balance sheet and income statement for 2002 if A co estimates allowance for uncollectible accounts to be 1% of net sales
14 - Entity A sold its registered $ 1000 at a rate of 4.60 TL at a rate of 4.65 TL. Which of the following accounts is correct in the journal entry to be made?A) 100 02 DOLLAR CASH ACCOUNT RECEIVABLE 4600 TLB) NoneC) 656 EXCHANGE LOSS ACCOUNT DEBTED 150 TLD) 100 01 TL CASH ACCOUNT RECEIVABLE 4.650 TL E) BORROWED 646 EXCHANGE PROFIT ACCOUNT 50 TL
42.The following data were available for ABC Company, which uses perpetual system, at Dec 31, 20X2:Accounts Payable, beg P15,000Accounts Payable, end P10,000Inventory, beg P17,000Inventory, end P9,000Cash payment to creditors(net of 2% discount) 294,000Purchase returns, P5,000How much were the credit purchases during the period? 285,000 294,000 300,000 315,000
6 - Which of the following is the account and amount that should appear in the dotted places in the journal article above? a) 191 VAT Deductible 5.400 TL B) 391 VAT to be calculated Hs. 5.400 TL NS) 391 Calculated VAT Hs. 6.300 TL D) 360 Taxes and Funds Payable Hs. 5.400 TL TO) 191 VAT Deductible 5,000 TL
Which of the following accounts is not one of the accounts transferred to the credit of the 690 period profit or loss account?A) 646 Exchange profitsB) 610 Returns from salesC) 600 Domestic salesD) 647 Rediscount interest incomeE) 644 Provisions with no subject
24.The following data were available for ABC Trading, which uses perpetual system, at Dec 31, 20X2:Accounts Payable, beg P10,000Accounts Payable, end P8,000Inventory, beg P17,000Inventory, end P9,000Payment to creditors 287,000Purchase returns, P15,000How much were the credit purchases during the period? 285,000 293,000 300,000 315,000
A VAT-registered business makes a sale of P12,000, inclusive of VAT. The VAT on the sale can be computed as* a. P12,000 x 12%b. P12,000 / 12% c. P12,000 x 12% / 112%d. P12,000 / 12% / 112%
CODE AND NAME OF THE ACCOUNT WILL RECEIVE DEBT 100 01 TL Case 23000 100 02 Dollars Case 23000B) CODE AND NAME OF THE ACCOUNT WILL RECEIVE DEBT 102 02 X Bank DTH Hes 23000 100 01 TL Case 23000C) CODE AND NAME OF THE ACCOUNT WILL RECEIVE DEBT 100 02 Dollars Case 23000 100 01 TL Case 23000D) THE CODE AND NAME OF THE ACCOUNT WILL RECEIVE DEBT 100 03 Case of Euro 5000 100 01 TL Case 5000E) CODE AND NAME OF THE ACCOUNT WILL RECEIVE DEBT 100 02 Dollars Case 5000 100 01 TL Case 5000
Chapter 8 Questions to practice BE8-1 Presented below are three recei\ailes transactions. Indicate whether these recei\. ables are reported as accounts recei\able, notes recei\-able, or other receivables on a state- ment of6nancial position. (a) Sold merchandise on account forW64,000,000 to a customer. (b) Received a promissory note ofW57,000,000 for senicn perfonned. (c) Ad\-anced W8,000,000 to an employee.
Based on the next table, calculate the CAD/CHF quote. EUR/USD 1.15233 USD/JPY 105.977 GBP/USD 1.31400 USD/CHF 0.95522 AUD/USD 0.77751 USD/CAD 1.25637 NZD/USD 0.65728 Report 5 digits after the decimal point (X.XXXXX)