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create an income statement and balance sheet for XYZ Trading PTY LTD. Trial Balance XYZ Trading Pty Ltd As at 30 June 2019 Cash at
create an income statement and balance sheet for XYZ Trading PTY LTD.
Trial Balance
XYZ Trading Pty Ltd
As at 30 June 2019
Cash at bank 10,000
Inventory 40,000
Vehicles 30,000
Fixtures and Fittings32,000
Accounts Receivable15,000
Credit cards Payable(12,000)
Accounts Payable(15,000)
Bank Loan (50,000)
Sales (175,000)
Purchases 60,000
Advertising 5,000
Wages 65,000
Rent 15,000
Electricity 5,000
Owners Capital (25,000)
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