Assignment 4 Below you are provided with the Trial Balance for Madi Investments for the period ended 31st March. You are

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answerhappygod
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Assignment 4 Below you are provided with the Trial Balance for Madi Investments for the period ended 31st March. You are

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Assignment 4
Below you are provided with the Trial Balance for Madi
Investments for the period ended 31st March. You are
required to prepare a trading and profit and loss account
(Statement of Comprehensive Income) for the period.
Trial balance as at 31 March 2021
Dr
Cr
Sales
1334032
Purchases
838824
salaries
395689
motor expenses
16912
rent
13258
insurance
2604
general expenses
595
premises
667940
motor vehicle
116158
debtors
187180
creditors
0
115668
cash at bank
115633
cash in hand
2394
drawings
58975
capital
966462
2416162
2416162
stock as at Marc 2021 was 86856
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