ASSIGNMENT ON TRIAL BALANCE FOR SS1.
ACCOUNTING/BOOKKEEPING.
From the balances of Chioma Enterprises, prepare the trial balance for the year ended 31st December 2019. Capital #9,000, sundry expenses #300, bills receivable 5,000, Creditors #10,000, returns inwards 2,130, returns outwards #1,250, furniture and fittings #33,361, freehold property #40,000, carriage outwards #152, bad debts #68, cash #18,000, bank overdraft #7,000, purchases #171,000, sales #250,000, drawings #3,260, discounts received #254, discounts allowed #839, provision for doubtful debts #730, rent #156, bills payable #3,752, debtors #8,000, carriage inwards #1,110, accumulated depreciation-furniture #1,700, advertising #150, general expenses #160. Use a sheet of paper for the assignment.
Then snap it and post to my WhatsApp page. Submit it on Monday 1st June.
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