Provided below are certain balances of Weldon Ltd at 30 June 2016. Additional information: 1. Provide for
Question:
Provided below are certain balances of Weldon Ltd at 30 June 2016.
Additional information:
1. Provide for taxation on 2016 profits, $9000.
2. Provide for a final dividend that had been declared and approved before reporting date, $2800.
3. Transfer $10 000 to general reserve.
Complete the income statement and note of retained profits for the year ended 30 June 2016, and show how the shareholders' equity section would appear in the balance sheet as at 30 June 2016.
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Related Book For 
Financial Accounting An Integrated Approach
ISBN: 9780170349680
6th Edition
Authors: Ken Trotman, Michael Gibbins, Elizabeth Carson
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