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4 The following accounts are taken from the ledger balances of T Company Ltd. on 31st December, 2020- Z Company Ltd. Trial Balance 31st December,

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4 The following accounts are taken from the ledger balances of "T" Company Ltd. on 31st December, 2020- "Z" Company Ltd. Trial Balance 31st December, 2020 Credit (Tk.) Debit (1k.) 41,500 20.500 21.000 51.000 Accounts Title Cash Accounts receivable Accounts payable Capital Land Sales revenue Salaries Prepaid rent Utility expense Commission expense Supplies 25.000 30.200 12.000 4.000 1,000 3.000 1.000 7.800 Notes payable Drawings Goodwill Machinery Long term investment Bond payable Total 2.000 20,000 85.000 50.000 155.000 265,000 265.000 Required: 6) Prepare a single step income statement for the year ended December, 2020. Prepare an owners equity statement Calculate the amount of only fetal asset fin a classified form) at 31st December, 2020

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