The adjusted trial balance for the year to 30 June 2022 for E L Alamein is shown in figure 12.14. You are required to:

• list the account, statement and group abbreviations next to each account name

• prepare an income statement

• prepare a balance sheet.

Transcribed Image Text:

Adjusted Trial Balance of E L Alamein as at 30 June 2022 Bank Petty Cash Accounts Receivable Control Allowance for Doubtful Debts Inventory GST Receivable Revenue Accrued Expense Prepaid Premises Machinery Accumulated Depreciation - Machinery Debentures Accounts Payable Control GST Payable Expense Accrued Mortgage on Premises Capital Drawings Sales Interest Received Cost of Sales Advertising Salaries Depreciation - Machinery Bad Debts Expense Interest on Mortgage Doubtful Debts Expense 8 398 150 25 399 15 600 2400 580 2750 59 000 40 570 16 000 1570 890 24 230 9 889 4660 4 100 25 000 87 505 186 386 1 200 88 390 8 230 60 100 6 050 2 853 5310 510 343 860 343 860