UK Calculate balance carried forward

K100 · Feb 12, 2022

I'm new to accounting and am struggling to understand how this question was calculated. The answer is 10,800, but can anyone explain how this was worked out?

muhammadhamza · Feb 13, 2022

Description	Pounds
Opening bank balance	2500
Loan received	5000
Sales	5750
Electricity payment	-200
Rent payment	-750
Purchase of stock	-500
Purchase of Computer	-1000
Closing balance to carry forward	10800

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UK Calculate balance carried forward

K100

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