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  • Accpage 54

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    sumjopperman
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    The document summarizes the financial information for a business including sales of $60,000, purchases of $84,000, wages of $26,000, rent expenses of $7,000, and other expenses like advertising, plant and van costs totaling $21,000. The business started with $20,000 in capital and has current assets of $80,500 and current liabilities of $16,000 resulting in total capital of $84,500.

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    accpage 54

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    The document summarizes the financial information for a business including sales of $60,000, purchases of $84,000, wages of $26,000, rent expenses of $7,000, and other expenses like advertising, plant and van costs totaling $21,000. The business started with $20,000 in capital and has current assets of $80,500 and current liabilities of $16,000 resulting in total capital of $84,500.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as xlsx, pdf, or txt
    3 views2 pages

    Accpage 54

    Uploaded by

    sumjopperman
    The document summarizes the financial information for a business including sales of $60,000, purchases of $84,000, wages of $26,000, rent expenses of $7,000, and other expenses like advertising, plant and van costs totaling $21,000. The business started with $20,000 in capital and has current assets of $80,500 and current liabilities of $16,000 resulting in total capital of $84,500.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as xlsx, pdf, or txt
    of 2

    premises 50000 9+ sales

    motor van 8000 sales r 2600


    furniture 2000 purchases 84000
    computer 3000 purchaser
    sales 60000 wages 26000
    sales r 700 heat/l 3160
    purchases 4000 rent p 5000
    purchaser 500 rent r
    mvr 4200 advertising 2900
    wages 1800 p/t 2740
    rent 2000 disc a 6100
    bank 1650 disc r
    capital 20000 plant 50000
    Drawings 3150 van 9000
    80500 80500 bank 2300
    trade R
    Trade p
    Drawings
    capital
    160000

    3400

    1000

    5900

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