14 350 130 35 100 85 110 110 65 51 20 96 increase

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Unformatted text preview: ing cash balance 71 20 91 Workings for 13.14 Accounts Receivable DR o/b 40 370 c/b 60 Cash Received from Customers CR 350 350 Accounts Payable DR 130 Cash Paid to Suppliers Inventory CR 60 o/b 110 40 c/b 130 DR o/b c/b 90 80 110 CR 100 Salaries Payable DR 35 Cash Paid to employees CR 26 o/b 20 11 c/b 35 Accrued Expenses DR CR 30 o/b 100 80 10 c/b Cash Paid for Other expenses 100 Plant DR o/b c/b 310 110 200 110 CR Cash Paid for Plant Debentures DR Cash Received for Debentures CR 25 o/b 65 90 c/b 65 Share Capital DR CR 134 o/b 51 185 c/b Cash Received for Share 51 Capital Retained Profits DR 20 Dividends paid CR 25 o/b 70 2) 75 c/b 20 Problem 13.17 Salaries paid Interest paid Income Tax paid Workings for problem 13.17 Accounts Payable DR 610 Cash Paid to Suppliers Inventory CR 310 o/b 580 280 c/b 610 DR o/b c/b 340 380 580 CR 620 $ 40,000 $ 110,000 $ 80,000 Payment to suppliers $ 610,000 Salaries Payable DR 40 Cash Paid to employees CR 50 o/b 70 80 c/b 40 Interest Payable DR 110 Cash Paid on Interest CR...
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