Bank overdraft Liability Statement Q No. 8 The accounting information from the given data of Funfood Enterprises Prepaid insurance Cash 4500 Office stationary 15600 Sales revenue 5600 1175000 Commission income 25000 Office salaries 56000 Capital- Haroon 575000 Drawing-Haroon 45000 Equipment 45000 A/c payable 56000 Utility expense 12000 75000 Insurance expense 5000 Note payable 32000 Building 750000 Prepaid rent 40000 60000 A/c Receivable 300000 Loan from bank 50000 Marketable securities 12000 Interest expense 1125,300 Operating expenses Required: Prepare a) Trial Balance b) Income Statement and Balance Sheet