Prepare a trial balance from the following balances of Kylie Huff as on March, 2020: 2020 $ $ Mar. 1 Donation Account Dr
Posted: Tue Apr 26, 2022 9:44 am
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Prepare a trial balance from the following balances of Kylie Huff as on March, 2020: 2020 $ $ Mar. 1 Donation Account Dr. 10,000 To Purchases Account 10,000 (Being the goods donated) Mar. 10 Advertisement Account Dr. 12,000 To Purchases Account 12,000 (Being goods distributed as free samples) 5,000 Mar. 16 Drawings Account Dr. To Purchases Account 5,000 (Being goods donated on personal account) 3,800 Mar. 19 Drawings Account Dr. To Purchases Account 3,800 (Being goods withdrawn for personal use)
Prepare a trial balance from the following balances of Kylie Huff as on March, 2020: 2020 $ $ Mar. 1 Donation Account Dr. 10,000 To Purchases Account 10,000 (Being the goods donated) Mar. 10 Advertisement Account Dr. 12,000 To Purchases Account 12,000 (Being goods distributed as free samples) 5,000 Mar. 16 Drawings Account Dr. To Purchases Account 5,000 (Being goods donated on personal account) 3,800 Mar. 19 Drawings Account Dr. To Purchases Account 3,800 (Being goods withdrawn for personal use)