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(Solved) : Nhende Store Trial Balance Trial Balance 31 December 2018 Dr Cr Purchases Sales 35 000 40 Q34221837

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Answer to Nhende Store had the trial balance below Trial balance as at 31 December 2018 DR CR $ $ Purchases and sales 35 000 40 00…

SKU: 208bb3317eb9 Category:

Description

Nhende Store had the trial balance below

Trial balance as at 31 December 2018

                                                                       DR                             CR

                                                                       $                                 $

Purchases andsales                                        35000                        40 000

Sales and Purchasesreturns                               500                             620

Opening stock                                               10000                        

Provision for doubtful debts                                                                   80

Wages and salaries                                        3000                                      

Rates                                                                600

Telephone                                                         100  

Shop fitting at cost4                                     4 000

Van at cost                                                    3 000  

Debtors and creditors                                      980                              7 00

Bad debt                                                            20

Capital                                                                                               17 900

Bank balance                                                    300

Drawings                                                       1 800

                                                                     59300                          59 300

Additional information

  1. Closing stock $12 000                       
  2. Accrued wages $500