Prepare Extended Trial balance using spread sheet. [8 Marks] OMR 157,250 6,250 8,000 4,875 3,750 Account Title OMR Accou

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Prepare Extended Trial Balance Using Spread Sheet 8 Marks Omr 157 250 6 250 8 000 4 875 3 750 Account Title Omr Accou 1 (119.56 KiB) Viewed 79 times

Prepare Extended Trial balance using spread sheet. [8 Marks] OMR 157,250 6,250 8,000 4,875 3,750 Account Title OMR Account Title owners capital 334,500 Cash in hand Drawing 31,250 Distribution expenses D Purchases 490,500 Dividend received Sales 647,500 Bad debts D stock (1-1-2020). D 55,000 Provisions For doubtful debts Return outward D 11,000 Sundry Debtor carriage inward С 13,750 long term loan Commission Received C 6,250 Sales returns D Salaries 73,750 Machinery D General expenses D 14,250 Telephone charges D Customs duties Adjustments: (a) Outstanding carriage inward 210. (b) Distribution expenses paid in advance OMR 300. (C) Charge depreciation on Machinery at 20% on cost. (d) Stock on (31 Dec 2020) stood OMR 4,125. 66,250 16,125 8,950 51,250 3,750 28,050