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QUESTION
Clarence has been a computer consultant for the last two years as a sole trader business . an 1 st April , the business had the following assets and...
Hello,
I am having issues getting this balance sheet to balance.
I can see that I am $5,500 out from balancing but I can not understand where I have gone wrong.
Would the capital on the 1st of April need to be added in by calculating the value, as in 4500 + 1800 = 6300 - 800 = 5500?
This is the worksheet I completed in class and all answers are correct, which may provide some context on the above balance sheet.
- Attachment 1
- Attachment 2
- Attachment 3
