ANSWERS MUST BE TYPED INTO THE TEMPLATES

1.Post the opening balances from Table 1 plus all the transaction from Table 2 for the month of June 2020 into the general ledger. (33 marks)

2.Record the balance day adjustments from Table 2 in the general journal. (7 Marks)

3.Post the balance day adjustments in the general ledger. (7 marks)

4.Prepare n Adjusted Trial Balance as at 30 June 2020. (2 marks)

5.Prepare Statement of Financial Performance and a Statement of Changes in Equity (correct format) for the year ended 30 June 2020. (10 Marks)

6.Prepare Statement of Financial Position (correct format and classification) as at 30 June 2020. (16 Marks)