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6.29 ** LO4, 8 A list of account balances for Mr Zheng's business (Futronics) at the end of the 30 June 2017 reporting period is
6.29 ** LO4, 8 A list of account balances for Mr Zheng's business (Futronics) at the end of the 30 June 2017 reporting period is shown below. Prepare the statement of profit or loss for the reporting period, and the equity balance at the end of the year. $'000 Cash 26 000 Receivables 14 000 Office supplies 1 200 Prepaid insurance 650 Plant and equipment 125 000 Accumulated depreciation - plant and equipment 29 300 Accounts payable 20 600 Salaries payable 6 000 (continued) 6.29 ** LO4, 8 A list of account balances for Mr Zheng's business (Futronics) at the end of the 30 June 2017 reporting period is shown below. Prepare the statement of profit or loss for the reporting period, and the equity balance at the end of the year. $'000 Cash 26 000 Receivables 14 000 Office supplies 1 200 Prepaid insurance 650 Plant and equipment 125 000 Accumulated depreciation - plant and equipment 29 300 Accounts payable 20 600 Salaries payable 6 000 (continued)
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