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Window Help als Exercise on Financia. x 1 / 1 75% 5 Exercise on...

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Accounting

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Window Help als Exercise on Financia. x 1 / 1 75% 5 Exercise on Financial Statements The following Trial balance was extracted from the books of Swift Company for the year ending 31 December 2015. You are required to prepare income statement and balance sheet Trial balance of Swift Company RO RO Sales 195.000 Cost of Goods sold 153,000 Furniture and fittings 4,000 Stock 5,200 Salaries 20,500 Advertisement expenses 9,500 Premises 120,000 Vehicles 8,000 Accounts receivables 1,900 Bank overdraft 750 Cash 5,150 Accounts payables 1,500 Capital 70,000 Long term loan 60,000 327,250 327,250 W +

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