- 000000 ] Question 2 From the following 300672022 Trial Balance provided by Twinkle Toes Shoe Shop, you are to create an Income 5Statement and Balance Sheet with detail of period clearly stated. (NOTE: Stock take at end of financial year 30/6/2022 found that the Inventory was 3,500.) FINSACC421_AT1_W_TOM_v1. docx Attempt 2.docx Twinkle Toes Shoe Shop Trial Balance as at 30 June 2022 Cash at Bank 7.000 Petty Cash 600 Inventories (1/7/21) 3,000 Accounts Receivable Control 12,000 Provision for doubtful debts 1,600 Buildings 30,000 Accumulated Depreciation - buildings 2,500 Motor vehicles 8,000 Accumulated Depreciation - motor vehicles 2000 Land 88,000 Shares in XYZ Ltd 15,000 Goodwill 12,000 Accounts Payable Control 12,850 GST Collected 2,000 Mortgage 27,000 Capital - Hank 101,350 Drawings 1,600 Sales 76,500 Commission revenue 1,900 Purchases 27,000 Purchases returns and allowances 1,800 Freight inwards 1,000 Telephone 650 Doubtful debts 150 Bad debts 50 Insurance 4,500 Office expenses 3,500 Freight outwards 4,800 Discount expenses 650 Marketing expenses 10,000 229,500 229,500