Summary
Summary M3 UNIT 8
- Module
- Unit 8 - Accounting Systems
- Institution
- Pearson (PEARSON)
Summary of 3 pages for the course Unit 8 - Accounting Systems at PEARSON (M3 UNIT 8)
[Show more]
1 review
By: matthewhardy • 7 year ago
Content preview
Details Trial Balance Adjustments Profit/Loss Balance SheetDR CR DR CR DR CR DR CR
Sales 141,110 141,110
Opening stock 23,100 23,100
Purchases 74,090 74,090
Wages 6,700 6,700
Rent/rates 5,800 5,800
Electricity 560 210 770
Telephone 420 420
Sundry expenses 2,420 2,420
Fixtures/ fittings 4,000 1,200 400 4,000 1,600
Provision for
depreciation
Cash at bank 4,200 4,200
Cash in hand 2,010 2,010
Trade payables 4,380 4,380
Capital 13,000 13,000
Drawings 36,390 36,390
Closing stock 25,120 25,120 25,120 25,120
Depreciation 400 400
expense
Accrual 210 210
Net profit 52,530 52,530
Total 159,690 159,690 25,730 25,730 166,230 166,230 71,720 71,720
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller clowes. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for £4.49. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
67096 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy revision notes and other study material for 14 years now