Prepare the relevant adjusting entries for the year

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Reference no: EM132591746

Question a) Prepare Bank Reconciliation Statement as at 31st December 2019.

Question b) Prepare the relevant Adjusting entries for the year.

Question c) Prepare adjusted Trial Balance as at 31st December 2019.

Question d) Prepare Income statement for the Year ended 31st December 2019.

Question e) Prepare Retained Earnings Statement for the Year Ended 31st December 2019.

Question f) Prepare Statement of Financial Position as at 31st December 2019.

Question g) Prepare the necessary Closing Entries for the Company

Question h) Compute the following financial Ratios:

1) Current Ratio

2) Acid Test Ratio

3) Inventory Turnover Ratio

4) Accounts Receivable Turnover Ratio

Reference no: EM132591746

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