Particulars Debit (RM) Credit (RM) Inventory on 1 October 20X2 2,368 Carriage outwards 200 Carriage inwards 310 Returns inwards and outwards 248 322 Purchases 10,874 Sales 19,600 Salaries and wages 3,862 Advertisement 211 Rent 304 Insurance 78 Repairs of motor vehicle 164 Office expenses 216 Travel expenses 166 General expenses 314 Premises 35,555 Fixtures and fittings 2,800 Trade receivables and payables 3,896 1,231 Fixed deposit at BIMB 8,000 Cash In hand 482 Cash at bank 1,210 Drawings 1,200 Capital 36,000 Loạn from MBF Finance 15.000

Particulars Debit (RM) Credit (RM) Inventory on 1 October 20X2 2,368 Carriage outwards 200 Carriage inwards 310 Returns inwards and outwards 248 322 Purchases 10,874 Sales 19,600 Salaries and wages 3,862 Advertisement 211 Rent 304 Insurance 78 Repairs of motor vehicle 164 Office expenses 216 Travel expenses 166 General expenses 314 Premises 35,555 Fixtures and fittings 2,800 Trade receivables and payables 3,896 1,231 Fixed deposit at BIMB 8,000 Cash In hand 482 Cash at bank 1,210 Drawings 1,200 Capital 36,000 Loạn from MBF Finance 15.000

Name: 3. From the following trial balance of Reenawares Trading, prepare it
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Description: 3. From the following trial balance of Reenawares Trading, prepare its statement ofprofit or loss for the year ended 30 September 20X3 and a statement of financialposition as at that date.Trial Balance as at 30 September 20X3ParticularsDebit (RM)Cre

Principles of Accounting Volume 1

19th Edition

ISBN:9781947172685

Author:OpenStax

Publisher:OpenStax

Chapter10: Inventory

Section: Chapter Questions

Problem 14PA: Assuming a companys year-end inventory were overstated by $5,000, indicate the effect...

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