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Balance Sheet Preparation Example

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Balance Sheet Preparation Example

Question

The following information relates to Konyu Traders as at 30th June, 2017:

FORM 3 business
You are required to prepare Konyu Traders Balance Sheet as at 30th June, 2017

Answer

FORM 3 business
NB
- If name of business is misspelt give N.R (Not Relevant) for the title
- If date ‘as at’ is not there give N.R for the title
- Balance sheet doesn’t gave Dr and Cr side so if candidate writes them penalize