{m}.{s}.1Examples 2

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.

 

AccountDebitCredit
Sales 155,216
Cost of sales80,128 
Wages & salaries26,696 
Employer's NI2,300 
Rent10,470 
Heat & light3,201 
Sundry expenses1,563 
Plant & equipment25,977 
Stock11,240 
Debtors12,237 
Bank3,162 
Creditors 15,426
HMRC - PAYE & NI 624
Capital 5,708
 176,974 176,974
 
[{m}.{s}a]
Open/Close{m}.{s}.Q1
Open/Close{m}.{s}.Q2
Open/Close{m}.{s}.Q3