A. Clarkes Balance Sheet as at April 30, 1990 Capital Fixed Assets Capital 4 500 Fixtures 1 200 Machinery 300 1 500 Liabilities Current Assets Creditors 100 Stock 300 Wages due 500 Debtors 2 200 600 Cash at Bank 500 Cash in hand 600 3600 5 100 5 100 (i) Purchased goods on credit $100. (ii) Sold Fixtures for cash $200. (iii) Sold goods for cash $150.
1. Update the Balance Sheet of A. Clarke with the following transactions:
A. Clarkes Balance Sheet as at April 30, 1990 Capital Fixed Assets Capital 4 500 Fixtures 1 200 Machinery 300 1 500 Liabilities Current Assets Creditors 100 Stock 300 Wages due 500 Debtors 2 200 600 Cash at Bank 500 Cash in hand 600 3600 5 100 5 100 (i) Purchased goods on credit $100. (ii) Sold Fixtures for cash $200. (iii) Sold goods for cash $150.
1. Update the Balance Sheet of A. Clarke with the following transactions:
A. Clarkes Balance Sheet as at April 30, 1990 Capital Fixed Assets Capital 4 500 Fixtures 1 200 Machinery 300 1 500 Liabilities Current Assets Creditors 100 Stock 300 Wages due 500 Debtors 2 200 600 Cash at Bank 500 Cash in hand 600 3600 5 100 5 100 (i) Purchased goods on credit $100. (ii) Sold Fixtures for cash $200. (iii) Sold goods for cash $150.
1. Update the Balance Sheet of A. Clarke with the following transactions:
A. Clarkes Balance Sheet as at April 30, 1990 Capital Fixed Assets Capital 4 500 Fixtures 1 200 Machinery 300 1 500 Liabilities Current Assets Creditors 100 Stock 300 Wages due 500 Debtors 2 200 600 Cash at Bank 500 Cash in hand 600 3600 5 100 5 100 (i) Purchased goods on credit $100. (ii) Sold Fixtures for cash $200. (iii) Sold goods for cash $150.