2020-2 Assignment Requirements) (1) - Word Table Tools Home Insert Design Layout References Mailings Review View NO Design Layout Tell me what you want to do.. X Cut Ex Copy Formal Painte! Clipboard Times New R. -AA Aas A A A A A A BIU - * Aay. A A.A AaBbccud AaBbced 1 AAE 1.1 Ant AaB Aabbcc Aabbecod AaBbccod AABBCCDI Normal No Spac.. Heading 1 Heading 2 Title Subtitle Subtle Em... Emphasis Intense L... Sign in Share Hind - A Replace Select : Paste Paragraph Expensive Designs Ply Lid started as a business on 1 June 2020. Listed below are the tracciais that took place in the month of June 2020.- June - 10 Issueshes to investors for $10,000 cash + 2. Purchased a secondhand car for company use from Cars R Us Pty Ltd for $13.500. paying $3,600 - in cash and the remainder sa credit 3. . Purchased insarance of $500 for the mouth from Insures R Us that will be paid at a later date. 70 + Trvaiced citatomera $1,000 for services performed 10. Paid $750 cash for the current month's rent. 14+ Paid $250 cash to Insurers R Us for the insurance purchased on 3 June. 15 Received an invoice for $700 for advertising for the current month and the invoice will be paid next month 28. Received and banked cash of $2,000 from customers for services invoiced on 7 June. $7 . 30+ Received and banked cast of $800 for cash sales. The chart of accounts for Expensive Designs Pty Ltd contains the accounts and account numbers below and as new accounts need to be added 100..Cash at bank 105.- Accounts recavables 110. Supplies 160 - Motor vehicles (coste 200.- Accounts payable 300-She capital 305..Dividenda- 400. Sales EUCH 510 Rent expense 520 - Adverting expense 530 Insurance expense Required 1) Journalise the June transactions (narrations are not required and no depreciation adjustment is necessary). (9.5 marks) 2) Post all the journals from (1) above to the general ledger and prepare a trial balance as at 30 June 2020. (10.5 marks) 3) Prepare: 2. slalement of profit or loss for the month b. a calculation of retained earnings for the mouth. c. a classified statement of financial position at 30 June 2020 (10 marks) Page 1 of 43/ words English (United Kingdom 10 w ARO AD 4 d) # 1:23 2020/8/24
