Credit ($) 142 700 6 310 5820 4 860 F XXXX On the Go Markets TRIAL BALANCE AS AT 30 JUNE 2020 Debit ($) Loan Payable Discount Received Doubtful Debts Expense- 4 600- Advertising Expensee 12 150+ Unearned Income General Expense- 1 860- Depreciation Expense - Building 4 200- Wages Expense- 19 8004 Acad Depreciation - Equipment- Freight-In Expense- 5 180 Supplies Expense- 1 320 Capital (1 July 2019) Drawings 11 600- Sales Income Sales Returns 14 650 Discount Allowed 14 600- Cost of Sales 176 900 Building 380 000 Accounts Receivable 56 950- Freight Out Expense 10 800- Accounts Payable Equipment 114 000- Accumulated Depreciation - Building Depreciation Expense - Equipment- 2 600 Cash 32 5404 Allowance for Doubtful Debts Rent Expensee 6 800- Inventory (30/6/20) 41 600 Prepaid Rente 6 950 368 500- t. 23 200 5 400 1. 4 600- 1. 1. 1. Question 1 (Continued) Requirements: a. Calculate the figure for Capital at 1/7/19 (the missing number showing as xxxx in the trial balance on page 5). (2 marks) C b. Prepare a fully classified Income Statement for the year ended 30th June 2020. (15 marks)