Accounts Dr ($) Cr ($) Accounts payable 38,000 Accounts receivable 106,000 Accumulated Depreciation: Office Equipment 120,000 Accumulated Depreciation: Office Furniture 80,000 Advertising expense 15,000 Capital, 1st July 2021 460,000 Cash at bank 210,000 Cost of sales 140,000 Drawings 60,000 Depreciation expense - Office Equipment 20,000 Depreciation expense-Office Furniture 10,000 Insurance Expense 25,000 Land 400,000 Mortgage payable 90,000 Office supplies expense 12,000 Office Equipment 200,000 Office Furniture 120,000 Prepaid rent Rent expense 28,000 19,000 Sales revenue Utilities expense Total Required: 600,000 23,000 1,388,000 1,388,000 Based on the Trial Balance information, prepare a classified Income statement for Melbourne Ltd for the month ending 30 June 2022. Suggested Answer: Click or tap here to enter tex Question 6 (10 marks) Refer to the Trial Balance information provided for Question 5. Required: Prepare a classified Balance sheet for Melbourne for the year ended 30 June 2022. Suggested Answer