The following are the transactions during 2022: 02.01.2022 Purchases a shop in downtown mall, in cash 20.02.2022 Purchas

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The Following Are The Transactions During 2022 02 01 2022 Purchases A Shop In Downtown Mall In Cash 20 02 2022 Purchas 1 (85.07 KiB) Viewed 57 times

The following are the transactions during 2022: 02.01.2022 Purchases a shop in downtown mall, in cash 20.02.2022 Purchases merchandise, in cash 15.04.2022 Sales merchandise, in cash 20.04.2022 Customer returns merchandise 20.12.2022 Pays TV advertising campaign for the period 01.01.2023-30.06.2023 31.12.2022 Customer has cash flow problems. An allowance is recognized 31.12.2022 Purchases a new machine 31.12.2022 0% 31.12.2022 Closes beginning inventory 31.12.2022 Records the ending inventory 31.12.2022 Revenues & expenses balanced off SR 60,000.00 SR 62,000.00 SR 204,000.00 SR 14,000.00 SR 35,000.00 SR 17,000.00 SR 16,000.00 TBD SR 43,000.00 SR 36,000.00 TBD Assignments 1 Record the above transactions on the journal 2 Transfer the journal entries to the T-accounts 3 Prepare the trial balance appears below) 4 Based on the trial balance, prepare the financial statements: a) 31.12.2022 statement of financial position b) 2022 P&L and other comprehensive income c) 2022 Statement of changes in equity 5 Look on the internet for the annual financial statements of: Huawei Investment & Holding Co., Ltd. Write on the boxes: The date the last financial statements refer to Total non curr assets shown on last available balance sheet Total revenue shown on last available P&L →