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(10 points) LETME VE YNETM BLML FACULTY OF BUSINESS AND ADMINISTRATIVE SCIENCES 3. The following balances are taken from the trial balance of QMX Company

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(10 points) LETME VE YNETM BLML FACULTY OF BUSINESS AND ADMINISTRATIVE SCIENCES 3. The following balances are taken from the trial balance of QMX Company as of 31.10.2021. OGRENCI STUDEN Determine the value of cash. Accounts Accounts Payable Accounts Receivable Buildings Cash Capital Prepaid rent Retained earnings Ending value (TL) 60.000 20.000 250.000 2 230.000 5.000 10.000 The following list of accounts and their ending values at the date of 31.10.2021 are given. 4. Prepare the trial balance of the SPRING COMPANY in the correct format. (15 points) SPRING COMPANY 31.10.2021 Accounts EUR Bank Loan 34.500 Accounts receivable 9.000 Capital 240.000 Cash $2.500 Equipment 90.000 Vehicles 215.000 Interest Payable 8.500 Salary expense 16.500 Service revenue 80.000 Unearned service revenue 20.000 OGRENCI NUMARASI STUDENT NUMBER 20 5. Prepare the statement of financial position and the income statement of the SPRING COMPANY at 31.10.2021. Include grouping and classification of the items in these two reports. (25 points

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