Answer Posted / ali
Iam ali. I have done my post graduation from osmania
university. I did my graduation at Osmania University, hyd.
My hobbies are playing and watching cricket. Comimg to my
family background we r 7members.my father is a Retd Defence
Employee, my mother is a homemaker, & my elder brothers are
working abroad. My strength is my confident, iam a quick
learner, attentive, positive attitude. My aim is to be in
good position.
| Is This Answer Correct ? | 6 Yes | 14 No |
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Explain me some of the examples for liability accounts?
Alex’s Trial Balance at 31 December 2015 Dr (BWP) Cr (BWP) Capital 18 240 Bank overdraft 3 000 Fixtures and fittings 14 100 Provision for depreciation-fixtures and fittings 8 800 Inventory 14 200 Trade receivables 12 300 Trade payables 9 900 Revenue 110 000 Purchases 51 000 Discount received 1 800 Wages and salaries 26 000 Sundry expenses 34 000 Discount allowed 620 217 540 ======= 86 420 ======== Required: i Prepare the corrected trial balance at 31 December 2015. (7 marks) ii Show any difference you find as a balance on an appropriate account.
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