DFM Ltd Adjusted Trial Balance 31 June 2021 S. No. Heads of Account Ref Balances (Rs.) Debit Credit Cash 2950 Accounts Receivable 575 Vehicle 40 Prepaid insurance 240 Equipment 2500 Accumulated depreciation-Truck 35 Note payable 28 Rent Payable 420 Unearned service revenue 100 Common stocks 5000 Dividends 1000 Sales revenue 2350 Gas Expense 53 Advertising Expense 35 Depreciation expense-equipment 35 Rent expense 85 Salaries expenses 420 Total 7,933 7,933 Question 1 (10Marks) Prepare the financial statements: Income statement, Retained Earning and the Statement of the Financial Position from the adjusted Trail Balance. Question 2/Extra Credit( 3 Marks) On December 30, TCP telecom Co. performed services worth SR 560,000 that were not billed to clients in December. However, On January 15, Stars telecom receives cash of SR 560,000 for the services performed. Record the transactions on September 30. Then adjust the accounts. Finally, post the transactions to ledgers