: AM Mon Jul
Final Project.pdf
Q Following is the Trial Balance of Yousaf Trading Company as on You are required to prepare Income Statement and Balance Sheet.
tableName of Account,SRName of Account,SRPurchasesSales,Supplies expenses,Account payable,Salaries expenses,Interest received,Electricity charges,Bank loan,BuildingCapital,CashTelephone charges,Account receivable,WagesInvestmentsPrepaid Rent,Advertisement expenses,Opening inventory,TotalTotal,
End period adjustments are as follow:
The merchandise inventory as on was valued at SR
Interest unearned SR
Unexpired rent SR
Interest on other investments earned but not received yet SR
Outstanding salaries SR
Depreciation to be changed on Building.
