Exam Style Practice Questions 3 Question 1 - Final Accounts Below is the trial balance of Darcey Tools Trial Balance as at 31st December 2013 DR £ CR £ Sales 750,000 Sales Returns 400 Discount Received 11,200 Purchases 110,000 Purchase Returns 300 Carriage Inwards 250 Commission Received 19,500 Rent Received 36,000 Stock as at 1/1/13 5,500 Wages & Salaries 78,000 Insurance 1,100 Electricity 1,020 Carriage Outwards 360 Stationary 550 Rates 4,500 Motor Expenses…
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