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$ Accounts receivable 13 450 Accounts payable 13 910 Advertising expense 42 780 Cash 4 610 Confectionery sales 12 300 Cost of confectionery sold

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$ Accounts receivable 13 450 Accounts payable 13 910 Advertising expense 42 780 Cash 4 610 Confectionery sales 12 300 Cost of confectionery sold 10 500 Electricity expense 5 090 Furniture and fittings 34 000 Inventory 18 000 Land and buildings 60 000 Rent expense Loan payable Projection equipment Retained profits, 1 January 2022 Share capital 35 000 41 000 33 200 59 720 60 000 Ticket revenue 81 700 1 Prepare an income statement for Century Cinemas for the year ended 31 December 2022. 2 Prepare a note for retained profits for the year ended 31 December 2022. 3 Prepare a balance sheet as at 31 December 2022.

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