Use the following excerpt from the Trial Balance of Pablo Art Gallery on 30 October 2020 and compile the following General Ledger Accounts on 30 November 2020. All accounts must be balanced at the end of the month
General Ledger Accounts on 30 November 2020:
• Capital
• Trading stock
capital 300 000
bank 116 000
trading stock 12 400
The following information is given on 30 November from the Journals:
CRJ:
The owner deposits an additional R50 000 as capital on 5 November.
Total for Cost of Sales on 30 November: R20 000
CPJ:
Trading stock on 30 November: R30 000
