You are required to prepare an income statement and balance sheet for the six months ended 30 June 2022 from the account list and adjustments of L Tuggerah, a dentist, shown in figure 12.42. The account, statement and classification abbreviations should be entered.

Transcribed Image Text:

Account Balances L Tuggerah as at 30 June 2022 6% p.a. Telstra Bonds Accumulated Deprec'n- Office Furniture & Equipment Accumulated Depreciation - Surgery Equipment Bank Capital Cash in Hand Accounts Payable Control Accounts Receivable Control Drawings Electricity Fees Income Insurance Office Furniture and Equipment Postage Purchase of Drugs and Dressings Purchase of Filling Materials Rent Expense Salary - Dental Nurse Salary - Receptionist Stationery Inventory - Drugs and Dressings [1 January 2022] Inventory - Filling Materials (1 January 2022] GST Receivable GST Payable Surgery Equipment Telephone 108 000 8 612 46 920 29 416 106 572 500 2436 33 080 10 000 3340 352 144 2872 12 304 380 4716 9 864 20 400 54472 50 000 872 2344 3396 2 000 500 167 556 1 672