2019/2020 3rd Term Business Studies Activity 2 Year 8


QUESTIONS
  1.     Identify five balance sheet items in a trial balance.
  2.    Identify five trading, profit and loss account items in a trial balance.
  3.    Fixed assets and currents are recorded on the ___________ side of the trial balance.
  4.    Prepare a trial balance using the following information
            Electricity                          3,000
            Sales                                  15,000
            Purchases                           9,000     
            Cash                                     6,000
            Capital                                20,000
            Equipment                         10,000
            Cash in hand                         7,000

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