11.5X The following is the trial balance of l Singh as at 31 March 2008. Draw up a set of final accounts.
Dr
18,160
92,340
69,185
420
1,570
640
Steck 1 April 2007
Sales
Purchases
Carriage inwards
Carriage outwards
Returns outwards
Wages
Rent and rates
Communication expenses
Commissions payable
Insurance
Sundry expenses
Buildings
Debtors
Creditors
Fixtures
Cash at bank
Cash in hand
Loan from K. Blake
Drawings
Capital
10,240
3,015
624
216
405
318
20,000
14,320
8,160
2,850
2,970
115
10,000
7,620
40,888
152,028
152,028

Balances for each of the following accounts appear in an adjusted trial balance. identify each as an asset, liability, revenue, or expense. 1. accounts receivable 2. equipment 3. fees earned 4. insurance expense 5. prepaid advertising 6. prepaid rent 7. rent revenue 8. salary expense 9. salary payable 10. supplies 11. supplies expense 12. unearned rent

Find the interest rate for a $4000 deposit accumulating to $5234.58, compounded quarterly for 9 years

Neon light company of kansas city ships lamps and lighting appliances throughout the country. ms. neon has determined that through the establishment of local collection centers around the country, she can speed up the collection of payments by one and one-half days. furthermore, the cash management department of her bank has indicated to her that she can defer her payments on her accounts by one-half day without affecting suppliers. the bank has a remote disbursement center in florida. a. if neon light company has $2.90 million per day in collections and $1.18 million per day in disbursements, how many dollars will the cash management system free up?