Telephone and postage Carriage outwards Advertising
Reserves / profit and loss balance Dividends paid Premises
Fixtures and fittings Vehicles Debtors Creditors
Bank account Cash in hand Bank overdraft
Issued share capital Long-term loan on premises
Dr e Cr e 190,000
1,500
27,600 1,500 1,000
46,700 800
1,500 820
1,000 1,570 500
12,100 12,000
230,000 40,000 24,000 14,000
11,530 2,000
T
375,000 T T
2,000 T T T T
4,700 P P P P P P P P P
32,800 A A S S S S
2,170 S S S
13,450 S 180,000 S 10,000 S
620,120 620,120 Frank has supplied the following additional information to his accountant:
1. Outdoor World closing stock as on 31/12/20— is €8,400. T and S 2. Depreciation of shop fixtures and fittings is 10% per annum. P and S 3. Depreciation of vehicles is 10% per annum.
