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Advanced Cricket Coaching Pty Ltd, had the following account balances as at 30 June 2020 as shown. Cash at bank $75 000 Accounts receivable (net)
Advanced Cricket Coaching Pty Ltd, had the following account balances as at 30 June 2020 as shown. Cash at bank $75 000 Accounts receivable (net) $37 500 Inventory $30 000 Land $37 500 Fixtures and Fittings $ 9 000 Loan Payable $ 7 500 Tax payable $ 7 500 Share capital $30 000 Retained Earnings $144 000 Required: Prepare a balance sheet as at 30 June 2020 for Advanced Cricket Coaching Pty Ltd using a T-format.
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