subject
Business, 12.05.2021 19:50 kukisbae

Anna 108 000
Example 1
The information below was extracted from the books of Daisy and Anna as a
March 2019
N$
162 000
Capital (1 April 2018)
12 000
Drawings
1900
Current account (1 April 2018)
480
Interest on drawings
9720
Interest on capital
1 800
Salaries
2340
Residual share of profit
AN
1500
REQUIRED
(a) Prepare the following accounts in the general ledger of Daisy and Anna.
Capital accounts of partners
ij. Current accounts of partners
Solution
General Ledger of Daisy and Anna
counts section
>how do i balance the current account of partners​

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 03:00
1) u.s. real gdp is substantially higher today than it was 60 years ago. what does this tell us, and what does it not tell us, about the well-being of u.s. residents? what are the limitations of the gdp as a measure of economic well-being? given the limitations, why is gdp usually regarded as the best single measure of a society’s economic well-being? 2) what is an intermediate good? how does an intermediate good differ from a final good? explain why it is the case that the value of intermediate goods produced and sold during the year is not included directly as part of gdp, but the value of intermediate goods produced and not sold is included directly as part of gdp.
Answers: 2
question
Business, 22.06.2019 05:30
Sally is buying a home and the closing date is set for april 20th. the annual property taxes are $1,234.00 and have not been paid yet. using actual days, how much will the buyer be credited and the seller be debited
Answers: 2
question
Business, 22.06.2019 19:10
Do it! review 16-3 the assembly department for right pens has the following production data for the current month. beginning work in process units transferred out ending work in process 0 22,500 16,000 materials are entered at the beginning of the process. the ending work in process units are 70% complete as to conversion costs. compute the equivalent units of production for (a) materials and (b) conversion costs. materials conversion costs the equivalent units of production
Answers: 2
question
Business, 22.06.2019 19:20
Bcorporation, a merchandising company, reported the following results for october: sales $ 490,000 cost of goods sold (all variable) $ 169,700 total variable selling expense $ 24,200 total fixed selling expense $ 21,700 total variable administrative expense $ 13,200 total fixed administrative expense $ 33,600 the contribution margin for october is:
Answers: 1
You know the right answer?
Anna 108 000
Example 1
The information below was extracted from the books of Daisy and An...
Questions
question
History, 13.05.2021 05:10
question
Mathematics, 13.05.2021 05:10
question
Mathematics, 13.05.2021 05:10
question
Mathematics, 13.05.2021 05:10
Questions on the website: 13722363