Anna
108 000
Example 1
The information below was extracted from the books of Daisy and An...
Anna
108 000
Example 1
The information below was extracted from the books of Daisy and Anna as a
March 2019
N$
162 000
Capital (1 April 2018)
12 000
Drawings
1900
Current account (1 April 2018)
480
Interest on drawings
9720
Interest on capital
1 800
Salaries
2340
Residual share of profit
AN
1500
REQUIRED
(a) Prepare the following accounts in the general ledger of Daisy and Anna.
Capital accounts of partners
ij. Current accounts of partners
Solution
General Ledger of Daisy and Anna
counts section
>how do i balance the current account of partners
Answers: 1
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