Professional Documents
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Q#01: From the following trial balance of A Moore, extracted after one year’s trading, prepare a
trading and profit and loss account and Balance Sheet for the year ended 31 December 20X6.
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Q#02: From the following trial balance of B Lane after his first year’s trading, you are required
to draw up a Income Statement and Balance Sheet for the year ended 30 June 20X8
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Q#04: Extract Income Statement and Balance Sheet for the year ended 30 June 20X8 for G
Graham. The trial balance as at 30 June 20X8 after his first year of trading was as follows:
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Q#07: From the following information, draw up the trading account of J Bell for the year ended
31 December 20X7, which was his first year in business:
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Q#09:From the following trial balance of G Still, draw up a trading and profit and loss account
for the year ended 30 September 20X9, and a balance sheet as at that date.
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Q#11:The following is the trial balance of T Owen as at 31 March 20X9. Draw up a set of
financial
statements for the year ended 31 March 20X9.
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Q#13:Enter the following transactions in the ledger of A Baker and prepare a trial balance at 31
May, together with a calculation of the profit for the month and a balance sheet at 31 May.
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Q#15:From the following trial balance of Kingfire, extracted after one year of operations,
prepare a Income Statement for the year ending 30 June 20X3, together with a balance sheet as at
that date.
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Q#17:
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Q#19:
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Q#21:
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