Ben's Cake Shop had the following balances in its ledger at 30 June 2019.

Account

Amount ($)

Cash at Bank

24 362

Accounts Receivable

102 528

Inventory

145 600

Prepaid Insurance

7 872

Office Supplies on Hand

4 368

Furniture & Fixtures

53 040

Accumulated. Depreciation - Furniture & Fittings

14 560

Delivery Equipment

62 400

Accumulated Depreciation - Delivery Equip.

24 960

Accounts Payable

36 036

Loan Payable

156 000

B Jamin, Capital

66 142

B Jamin, Drawings

37 620

Sales

961 400

Sales Returns & Allows.

13 332

Discount Allowed

9 100

Cost of Sales

549 744

Freight In

12 480

Discount Received

11 232

Sales Salaries Expense

91 104

Delivery Expense

24 400

Advertising Expense

35 880

Rent Expense

38 200

Office Salaries Expense

45 000

Electricity Expense

13 300

Ben's Cake Shop financial year ends on 30 June. During the year the accountant prepared monthly statements using worksheets, but no adjusting entries were made in the journals and ledgers. Data for the year-end adjustments are as follows.

1.Expired insurance, 30 June 2019 , $1312.

2.Office supplies on hand, 30 June 2019, $2324.

3.Depreciation expense for year, furniture and fixtures, $4820.

4.Depreciation expense for year, delivery equipment, $13230.

5.Sales salaries payable but unrecorded, $3200.

6.Office salaries payable but unrecorded, $880.

Required

(b)make income statement for the year ended 30 June 2019.

(c make balance sheet as at 30 June 2019.