2020 BGSS 3N POA EOY P1 Q4
4 The following information was extracted from Yong’s books on 30 July 2020.
$ | |
3 500 | |
Cash in hand | 1 200 |
Fixtures and fittings | 45 800 |
Cash at bank (overdraft) | 5 200 |
Capital (as at 1 August 2019) | 18 810 |
Trade receivables | 9 700 |
Trade payables | 18 680 |
1 540 | |
55 000 | |
35 950 |
After the above balances were extracted, the following transactions took place on 31 July 2020.
1. Received cheque of $6 250 from a credit customer, Gary.
2. Purhcased goods worth $700 by cash.
REQUIRED
Prepare the trial balance as at 31 July 2020.
[10]
[TOTAL 10]