Ex. 6. The following information was given from the books of Alan Hope, a sole...
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Accounting
Ex. 6. The following information was given from the books of Alan Hope, a sole trader, as at 31 December 2017: Capital Premises Fixtures and fittings Motor Van Purchases Sales Returns inwards Returns outwards Carriage inwards Carriage outwards Rates Rent received from subletting Discounts received Insurances Wages Discounts allowed Interest expenses (on loan) Motor van expenses Sundry expenses Drawing Stock at 1 Jan 2017 Stock at 31 December 2017 Loan Debtors Creditors Cash in hand Bank balance (overdraft) EUR 36,650 29,200 2,000 6,000 56,000 84,045 545 400 250 500 1,700 1,200 300 525 8,895 405 500 1,750 3,020 8,650 9,000 10,950 5,000 6,850 6,345 150 2,000 You required to prepare: P&L statement and the Balance sheet as at 31 December 2017
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