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CCALCULATE IN DETAILED PLS An Binh, a sole trader, owns An Binh Car Repairs - a small garage in Hanoi. The trial balance of An
CCALCULATE IN DETAILED PLS
An Binh, a sole trader, owns An Binh Car Repairs - a small garage in Hanoi. The trial balance of An Binh Car Repairs on September 30, 2021 is as follows. An Binh Car Repairs Trial Balance September 30, 2021 $ $ Cash 13,000 Supplies 12,100 Prepaid insurance 6,000 Equipment 42,000 Accumulated Depreciation Equipment 4,200 Account payable $6,500 An Binh's Capital 50,000 Service Revenue 76,000 Salaries and wages expenses 35,000 Depreciation expenses 4,200 Rent expenses 15,000 Utilities expenses 9,400 Total $136,700 $136,700 Prepare an income statement for the year ending September 30, 2021, and a statement of financial position as of September 30, 2021Step by Step Solution
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