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 Loan payable 35 000 Projection equipment 41 000 Rent expense 33 200 Retained profits, 1 January 2016 59 720 Share capital 60 000 Ticket revenue 81 700 1 Prepare an income statement for Century Cinemas for the year ended 31 December 2016. 26-all@) 2016 $ 12 A 31 ENCIES RATES. 2 Prepare a note for retained profits for the year ended 31 December 2016. #8-Gait 2016 12 8 31 BM SEWGAJA185. 3 Prepare a balance sheet as at 31 December 2016 JEIL 2016 # 12 A 31 EROF* 165