Solve Q29 and please do not give solution in image 29- The following accounts are taken from the ledger of Gift company at Dec, 31, 2021:JFAccount TitleAmountJFAccount Title20,000100Cash25,00012080,0005228,000220200 Long term loan300 Capital150 Equipment310 Administration726ExpensesSalariesInventories(31.12.18)Share capitalSalaries expensesMarketing ExpensesA/RA/PTotal Sales38,00088,000Cost of goods soldCash201Expanses400 RevenuePrepare Trial Balance.30-From the following balances of JAMAL Plc. as at 31.12.18. Prepare financial statement.DEBIT CREDITRO'000RO'000InventoriesMarketing ExpensesRetained Earnings110A/PA/RRetained earnings (1.1.18)Long-term loanComputers (31.12.18)Accumulated depreciation: Computers (1.1.18)3,2403,4805,9162,76029,9167237,800Amount6,0005,0002,0003,00011,0008,00083,1849,7204,69243,9566936600011,88083,184

Name: Solve Q29 and please do not give solution in image 29- The following a
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Description: Solve Q29 and please do not give solution in image 29- The following accounts are taken from the ledger of Gift company at Dec, 31, 2021:JFAccount TitleAmountJFAccount Title20,000100Cash25,00012080,0005228,000220200 Long term loan300 Capital150 Equip

Trial Balance As at December 31, 2021 Particulars…

Business

Accounting

29- The following accounts are taken from the ledger of Gift company at Dec, 31, 2021: JF Account Title Account Title Cash 200 Long term loan 300 Capital 150 Equipment 310 Administration Expenses 726 Salaries Expanses 400 Revenue Prepare Trial Balance. Amount 20,000 25,000 120 80,000 522 8,000 220 38,000 JF 100 88,000 201 110 Inventories Marketing Expenses Retained Earnings A/P A/R Amount 6,000 5,000 2,000 3,000 11,000 8,000

29- The following accounts are taken from the ledger of Gift company at Dec, 31, 2021: JF Account Title Account Title Cash 200 Long term loan 300 Capital 150 Equipment 310 Administration Expenses 726 Salaries Expanses 400 Revenue Prepare Trial Balance. Amount 20,000 25,000 120 80,000 522 8,000 220 38,000 JF 100 88,000 201 110 Inventories Marketing Expenses Retained Earnings A/P A/R Amount 6,000 5,000 2,000 3,000 11,000 8,000

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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