题目

MCD1010 - T3 - 2024 Lombardo Locks Ledgers to Trial Balance

多项填空题

Question textYou have been given the following ledger accounts for the Lombardo Locks. You are required to correctly balance all ledger accounts at 10 May and prepare a Trial Balance as at 10 May. Make sure you carry out all the correct steps in balancing. Bank [table] Date | Details | $ | Date | Details | $ May 1 | Capital | 35000 | May 3 | Shop fittings | 4000 May 4 | Service income | 3000 | May 6 | Wage expense | 500 May 10 | Accounts receivable | 1200 | May 8 | Accounts payable | 1200 | | | May 9 | Drawings | 1000 | | | MayAnswer 1 Question 1 1011 | Answer 2 Question 1 Opening BalanceClosing Balance | Answer 3 Question 1 | | 39,200 | | | 39,200 MayAnswer 4 Question 1 1011 | Answer 5 Question 1 Opening BalanceClosing Balance | Answer 6 Question 1 | | | [/table] Vehicle [table] Date | Details | $ | Date | Details | $ May 1 | Capital | 25,000 | MayAnswer 7 Question 1 1011 | Answer 8 Question 1 Opening BalanceClosing Balance | Answer 9 Question 1 | | 25,000 | | | 25,000 MayAnswer 10 Question 1 1011 | Answer 11 Question 1 Opening BalanceClosing Balance | Answer 12 Question 1 | | | [/table] Capital [table] Date | Details | $ | Date | Details | $ MayAnswer 13 Question 1 1011 | Answer 14 Question 1 Opening BalanceClosing Balance | Answer 15 Question 1 | May 1 | Bank | 35,000 | | | | Vehicle | 25,000 | | 60,000 | | | 60,000 | | | MayAnswer 16 Question 1 1011 | Answer 17 Question 1 Opening BalanceClosing Balance | Answer 18 Question 1 [/table] Accounts Receivable [table] Date | Details | $ | Date | Details | $ May 5 | Service income | 2000 | May 10 | Bank | 1200 | | | MayAnswer 19 Question 1 1011 | Answer 20 Question 1 Opening BalanceClosing Balance | Answer 21 Question 1 | | 2,000 | | | 2,000 MayAnswer 22 Question 1 1011 | Answer 23 Question 1 Opening BalanceClosing Balance | Answer 24 Question 1 | | | [/table] Stock of Materials [table] Date | Details | $ | Date | Details | $ May 2 | Accounts payable | 1,200 | MayAnswer 25 Question 1 1011 | Answer 26 Question 1 Opening BalanceClosing Balance | Answer 27 Question 1 May 7 | Accounts payable | 8,000 | | | | | 9,200 | | | 9,200 MayAnswer 28 Question 1 1011 | Answer 29 Question 1 Opening BalanceClosing Balance | Answer 30 Question 1 | | | [/table] Wage Expense [table] Date | Details | $ | Date | Details | $ May 6 | Bank | 500 | MayAnswer 31 Question 1 1011 | Answer 32 Question 1 Opening BalanceClosing Balance | Answer 33 Question 1 | | 500 | | | 500 MayAnswer 34 Question 1 1011 | Answer 35 Question 1 Opening BalanceClosing Balance | Answer 36 Question 1 | | | [/table] Service Income [table] Date | Details | $ | Date | Details | $ MayAnswer 37 Question 1 10N/A | Answer 38 Question 1 BalanceN/A | Answer 39 Question 1 | May 4 | Bank | 3000 | | | May 5 | Accounts receivable | 2000 | | 5,000 | | | 5,000 | | | MayAnswer 40 Question 1 1011 | Answer 41 Question 1 Opening BalanceClosing Balance | Answer 42 Question 1 [/table] Shop Fittings [table] Date | Details | $ | Date | Details | $ May 3 | Bank & Accounts payable | 14,000 | MayAnswer 43 Question 1 10N/A | Answer 44 Question 1 BalanceN/A | Answer 45 Question 1 | | 14,000 | | | 14,000 MayAnswer 46 Question 1 1011 | Answer 47 Question 1 Opening BalanceClosing Balance | Answer 48 Question 1 | | | [/table] Drawings [table] Date | Details | $ | Date | Details | $ May 9 | Bank | 1000 | MayAnswer 49 Question 1 10N/A | Answer 50 Question 1 BalanceN/A | Answer 51 Question 1 | | 1,000 | | | 1,000 MayAnswer 52 Question 1 1011 | Answer 53 Question 1 Opening BalanceClosing Balance | Answer 54 Question 1 | | | [/table] Accounts Payable [table] Date | Details | $ | Date | Details | $ May 8 | Bank | 1200 | May 2 | Stock of materials | 1,200 MayAnswer 55 Question 1 10N/A | Answer 56 Question 1 BalanceN/A | Answer 57 Question 1 | May 3 | Shop fittings | 10,000 | | | May 7 | Stock of materials | 8,000 | | 19,200 | | | 19,200 | | | MayAnswer 58 Question 1 1011 | Answer 59 Question 1 Opening BalanceClosing Balance | Answer 60 Question 1 [/table] Trial Balance as at May 10 [table] Accounts | Debit (DR) | Credit (CR) Bank | Answer 61 Question 1 32500N/A | Answer 62 Question 1 32500N/A Vehicle | Answer 63 Question 1 25000N/A | Answer 64 Question 1 25000N/A Capital | Answer 65 Question 1 60000N/A | Answer 66 Question 1 60000N/A Accounts receivable | Answer 67 Question 1 800N/A | Answer 68 Question 1 800N/A Stock of materiaAls | Answer 69 Question 1 9200N/A | Answer 70 Question 1 9200N/A Wage expense | Answer 71 Question 1 500N/A | Answer 72 Question 1 500N/A Service income | Answer 73 Question 1 5000N/A | Answer 74 Question 1 5000N/A Shop fittings | Answer 75 Question 1 14000N/A | Answer 76 Question 1 1400N/A Drawings | Answer 77 Question 1 1000N/A | Answer 78 Question 1 1000N/A Accounts payable | Answer 79 Question 1 18000N/A | Answer 80 Question 1 18000N/A | | Total | Answer 81 Question 1 | Answer 82 Question 1 [/table]

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思路分析

The question presented is a balancing exercise for Lombardo Locks, asking you to balance all ledger accounts at 10 May and prepare a Trial Balance as at 10 May. However, there are no explicit answer options provided in the prompt to analyze one-by-one. What is given: - A set of ledger tables (Bank, Vehicle, Capital, Accounts Receivable, Stock of Materials, Wage Expense, Service Income, Shop Fittings, Drawings, Accounts Payable) with several dated entries. - A Trial Balance as at May 10, showing Debit and Credit columns for various accounts (Bank, Vehicle, Capital, Accounts Receivable, Stock of Materials, Wage Expense, Service Income, Shop Fittings, Drawings, Accounts Payable). - An answer list containing 22 numeric values: ["32500", "32500", "25000", "25000", "60000", "60000", "800", "800", "9200", "9200", "500", "500", "5000", "5000", "14000", "14000", "1000", "1000", "18000", "18000", "83000", "83000"]. These appear to be the filled values for a series of blanks in the question, presumably corresponding to Opening Balance/Closing Balance identi......Login to view full explanation