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Apps YMS Login Excel Accounting Testxdsx Edit and reply Download Save to OneDrive Data Review View...


Apps YMS Login Excel Accounting Testxdsx Edit and reply Download Save to OneDrive Data Review View Help Formulas File Home In
Apps YMS Login Excel Accounting Testxdsx Edit and reply Download Save to OneDrive Data Review View Help Formulas File Home Insert Gener abe 12 Bv Cv Av K13 A B С D E F G H 1 BASIC ACCOUNTING EXERCISE 2 3 1) summarize the journal entries required to record the following transactions. 4 2) prepare a draft balance sheet and income statement as at December 31. 5 6 7 January 1st 8 ABC Ltd is incorporated with share capital of 100 shares of $1 each. 9 All shares are issued and fully paid. 10 v 11 ABC Ltd is licensed to purchase and sell only one product: Widgets. 12 13 During the year 14 The cost of a Widget is $5. 15 ABC Ltd sells 100 Widgets at sale price $10 each. 16 ABC Ltd pays $1200 in legal fees for the period relating to July 18 - June 30th 17 18 At December 31 19 There are no unsold Widgets in stock. Sheet1 Sheet2 Sheet3 Workbook Statistics CAUTION: The Sender of this email is not... Х TAXI 002 WO
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