Next you will be given the trial balance of a business at its year end - 31 August.
You will be asked three questions to which the answer will be a number.
Account | Debit | Credit |
---|---|---|
Sales | 155,216 | |
Cost of sales | 80,128 | |
Wages & salaries | 26,696 | |
Employer's NI | 2,300 | |
Rent | 10,470 | |
Heat & light | 3,201 | |
Sundry expenses | 1,563 | |
Plant & equipment | 25,977 | |
Stock | 11,240 | |
Debtors | 12,237 | |
Bank | 3,162 | |
Creditors | 15,426 | |
HMRC - PAYE & NI | 624 | |
Capital | 5,708 | |
176,974 | 176,974 | |