Page 91 - Microsoft Word - 00 BA3 IW Prelims STUDENT.docx

From trial balance to financial statements

Example 1: Solution (cont.)
Advertising

Dr $ Cr $
28-May Bank 25

KM
Dr $ Cr $
29-May Sales 8,090

Drawings
Dr $ Cr $
30-May Cash 100

Carriage outwards
Dr $ Cr $
24-May Bank 25

Carriage inwards
Dr $ Cr $
27-May Bank 20

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