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A flood partially destroyed the offices of Hartles Ltd on June 30, 2020. Only some of the accounting records were retrieved. Required: From the following
A flood partially destroyed the offices of Hartles Ltd on June 30, 2020. Only some of the accounting records were retrieved. Required: From the following information, prepare a Balance Sheet for Hartles as at June 30, 2020. (Note: Not all accounts belong on the balance sheet). $ Plant and Equipment Inventory Accumulated Depreciation 30/6/2019 Salary expense Cash Profit for year ended 30/6/2020 Accounts Payable Total current assets Loan payable, April 30, 2021 Accounts Receivable Depreciation Expense Prepaid Rent Land Share Capital Total non-current assets Retained Earnings 30/6/2019 Total assets 131,000 ? 40,000 15,000 2,600 12,500 ? ?- 17,000 15,600 8,000 5,000+ 35,000 32,500 118,000 36,2004 156,000+ 14,000+ 47,300 7,300 31,000+ Rent expense Total Current Liabilities Bank Overdraft Total non-current Liabilities
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