2009_1 T03 P5-26 Template

2009_1 T03 P5-26 - Bal b/d 124,000 Accounts payable Bal b/d 370,000 Commissions payable 3 Accrued wages Bal b/d 36,000 Income tax payable Bal b/d

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1 Tutorial 3 – Problem 5.26 Template Status Cymbal Limited Ledger accounts Cash 01-06-2009 Bal b/d 95,000 Accounts receivable 01-06-2009 Bal b/d 270,000 Allowance for doubtful debts 01-06-2009 Bal b/d 17,000 Inventory 01-06-2009 Bal b/d 310,000
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2 Prepaid insurance 01-06-2009 Bal b/d 6,000 Prepaid rent 01-06-2009 Bal b/d 24,000 Buildings and equipment 01-06-2009 Bal b/d 540,000 Motor vehicles 01-06-2009 Bal b/d 90,000 Accumulated depreciation 01-06-2009
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Unformatted text preview: Bal b/d 124,000 Accounts payable 01-06-2009 Bal b/d 370,000 Commissions payable 3 Accrued wages 01-06-2009 Bal b/d 36,000 Income tax payable 01-06-2009 Bal b/d 78,000 Loan 01-06-2009 Bal b/d 200,000 Share capital 01-06-2009 Bal b/d 390,000 Retained profits 01-06-2009 Bal b/d 120,000 Sales 4 Cost of goods sold Depreciation expense Rent expense Wages expense Insurance expense Other expenses Doubtful debts expense Commission expense...
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This note was uploaded on 06/06/2009 for the course 2131 FFF taught by Professor Mrhuh during the Three '09 term at Queensland.

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2009_1 T03 P5-26 - Bal b/d 124,000 Accounts payable Bal b/d 370,000 Commissions payable 3 Accrued wages Bal b/d 36,000 Income tax payable Bal b/d

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