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Homework answers / question archive / Q-5) Following is the trial balance of the Ronaldo Company for year ended 2019: [05 Marks] S
Q-5) Following is the trial balance of the Ronaldo Company for year ended 2019: [05 Marks] S. No. Head of Account Debit Credit 1 Cash ?9,930 2 Bank 230,475 3 Capital 400,000 4 Furniture 60,000 5 O?lee Supplies 3,500 6 Purchases 5?,810 1 Transportation-in 595 8 Accounts Payable 32,250 9 Purchase Return 460 10 Sales 62,250 11 Advertisement Expense 25,000 12 Sales Return 750 12 Accounts Receivable 23 ,900 13 Rent Expense 2,500 14 Salary Expense 8,500 15 Drawing 12,000 Required: You are required to prepare statement of ?nancial performance of the above-mentioned company.
