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Practice questions:

Construct a trial balance for Harlech Health Food from the following list of balances, calculating the figure for purchases:

                                             £

Capital                             18,000

Wages                               1,600

Bank                                  1,500

Equipment                          2,000

Rent                                  1,400

Sales                                26,200

Returns inward                       900

Returns outward                     460

Discounts allowed                   720

Discounts received                  620

Miscellaneous expenses           390

Purchases                                ?

Financial Accounting, Accounting

  • Category:- Financial Accounting
  • Reference No.:- M91955866

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