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1:12 Back SBM3105 Logbook Task 4.docx Due: Weeks - Marks: 20 Submitting the completed workbook Task 4 - Preparing Financial Statements From the following selected

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1:12 Back SBM3105 Logbook Task 4.docx Due: Weeks - Marks: 20 Submitting the completed workbook Task 4 - Preparing Financial Statements From the following selected ending ledger balance extracted from the ledger book of Aman's Accounting Practice Pty Ltd during December 2019, prepare the unadjusted Ending Trial balance, adjusted Income statement and adjusted balance sheet for "Adam's Legal Practice Pty Ltd Aman's Accounting Practice Pry Lid. Endine Le Blanc 31 December 2019 Fandang balat kredit adine Books & Stationaries Prepaidance Prepaid inimes 343.700 100 350 IR 15 timent Depreciation Service Rev Salari 2.000 TS 70 10.00 Administrative Expense Utilities Expanse Advertising Expense Account Payable Salaries Pavle Uneared Service 10 W 10 12.500 9. 70 500 000 Morage Payable Adams Equity Dwie Total 1.199,000 Additional Adjustments need to be incorporated: 1. Depreciation expenses for building need to be recognized for $1,500 2. Interest expenses incurred but not recognized amounting $500. 3. Prepaid internet plan expired and need to be recognized $100. 4.50% of the prepaid insurance expired. 5.55,000 of unearned service revenues earned but not recorded. Aman's Access Prince Pry Lad EndLeder Bence 31 Decemb019 Account The Debit Credits Prepad internet Books & Stationer Dashboard Calendar To Do Notifications Inbox 1:12 Back SBM3105 Logbook Task 4.docx Additional Adjustments need to be incorporated: 1. Depreciation expenses for building need to be recognized for $1,500 2. Interest expenses incurred but not recognized amounting $500 3. Prepaid internet plan expired and need to be recognized $100 4. 50% of the prepaid insurance expired. 5. $5,000 of unearned service revenues earned but not recorded. Amen's Accounting Practice Pay Land Endine Leder Balance 31 December 2019 ACT Debit Credits Cash Propia intenci Books & Statimories Prepaid Imrance Propid Internet Land Liet Depreciation Service Reven Salaries Expanse R Advespere Utilities Expense Advertising Expense A Payable Salaries Payable Uneared Service REIS Moreove Adam's Equy Total 110 Marks Aman's Accounting Practice Phy Led Income Sulement 31 December 2010 Acest Title Deba Credit Service Reven Salaries Administrative Expo Utilities Expanse Advertising DGS GO MES NetPro Dashboard Calendar To Do Notifications Inbox 1:12

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