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  • Trading Profit and Loss Quiz Problem

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    Trading and Profit and Loss Account and balance sheet ( 25 pts each) a. Ramos Trial Balance as at 31 January 2012 Dr Cr $ $ Sales 51,875 Purchases 28,475 Rent 2,350 Electricity Expense 1,425 Printing and Stationary 537 Office Equipment 4,550 Buildings 10,000 Wages 1,265 Motor Vehicle 4,200 Debtors 5,768 Creditors 10,675 Bank 15,125 Cash 450 Drawings 7,000 Capital 18,595 81,145 81 145 Stock at

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    Trading and Profit and Loss Account and balance sheet ( 25 pts each) a. Ramos Trial Balance as at 31 January 2012 Dr Cr $ $ Sales 51,875 Purchases 28,475 Rent 2,350 Electricity Expense 1,425 Printing and Stationary 537 Office Equipment 4,550 Buildings 10,000 Wages 1,265 Motor Vehicle 4,200 Debtors 5,768 Creditors 10,675 Bank 15,125 Cash 450 Drawings 7,000 Capital 18,595 81,145 81 145 Stock at

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    49 views1 page

    Trading Profit and Loss Quiz Problem

    Uploaded by

    Mr. JC
    Trading and Profit and Loss Account and balance sheet ( 25 pts each) a. Ramos Trial Balance as at 31 January 2012 Dr Cr $ $ Sales 51,875 Purchases 28,475 Rent 2,350 Electricity Expense 1,425 Printing and Stationary 537 Office Equipment 4,550 Buildings 10,000 Wages 1,265 Motor Vehicle 4,200 Debtors 5,768 Creditors 10,675 Bank 15,125 Cash 450 Drawings 7,000 Capital 18,595 81,145 81 145 Stock at

    Copyright:

    Attribution Non-Commercial (BY-NC)
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    Trading and Profit and Loss Account an Introduction Introduction to Accounting Quiz #3 For the following problem prepare

    a Trading and Profit and Loss Account and Balance Sheet ( 25 pts each) A. Ramos Trial Balance as at 31 January 2012 Dr Cr $ $ Sales 51,875 Purchases 28,475 Rent 2,350 Electricity Expense 1,425 Printing & Stationary 537 Office Equipment 4,550 Buildings 10,000 Wages 1,265 Motor Vehicle 4,200 Debtors 5,768 Creditors 10,675 Bank 15,125 Cash 450 Drawings 7,000 Capital 18,595 81,145 81,145 Stock at 31 December 2007 was $7,654

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