dith Cowan University

Edith

Cowan University - BUSINESS A G95

ACC104

- Group Assignment. i need answer for this qustion document in the cours hero

but without answers please can you try to find document i have attached copied

question i have tried to attach charts but that did not worked

The unadjusted trial balance of ABC's Financial Consultant, contains the following account balances as at 30June 2019:

The following additional account titles are included in the chart of

accounts:

Prepaid Insurance

Telecommunications Expense Payable

Office Supplies Expense

Depreciation Expense

Buildings

Depreciation Expense

Office Equipment

Interest Payable

Salaries Payable

ACC104 Accounting for Decisions 2Group Assignment& Rubric

Date Due:Week 10Marks:20%

The following information is also available:

1.A physical count of office supplies reveals that supplies totalling $420 are on hand at 30

June.

2.The balance in the Unearned Consulting Fees account includes $1200 earned for services

rendered in the last week of June.

3.Estimated depreciation on the off

ice equipment is $2140. Depreciation on the building is

$8760.

4.A 12month insurance policy was purchased on 1 April for $780 plus GST.

5.TheJunemonthlymortgagepaymentof$900hasnotbeenpaidorrecorded.Ineach

payment, $220 is

attributable to interest.

6.TheJunetelecommunicationscostsfor$320areunrecorded.Notaxinvoicehasbeen

received.

7.Salaries of $980 were owing to employees at 30 June 201

Required:

1. a 6column worksheet for the year ended 30 June 2019(8marks)

2the income statement, balance sheet(Narrative Format)and statement of changes in equity(7marks) i need answers for this two questions

ACC104 Accounting for Decisions 2 Group Assignment & Rubric Date Due: Week 10 Marks: 20% Students will be placed in groups and be expected to work together to complete this assignment. Part 1 There are four financial statements - balance sheet, income statement, statement of cash flows, and statement of changes in equity. Briefly describe the information conveyed by the balance sheet relative to that conveyed by the income statement. (3 Marks) Part 2 - End of Period Adjustments and Closings and Financial Statements (15 Marks) The unadjusted trial balance of ABC's Financial Consultant, contains the following account balances as at 30 June 2019: ABC FINACIAL CONSULTAT Unadjusted Trial Balance, as at 30 June 2019 Account Debit Credit Cash at Bank $ 5 200 Accounts Receivable 9 260 GST Receivable 920 Office Supplies 1 140 Land 60 000 Building 152 000 Accumulated Depreciation - Building $ 64 000 Office Equipment 23 400 Accumulated Depreciation - Office Equipment 6 420 Accounts Payable 960 Unearned Consulting Fees 1 560 GST Payable 2 000 Mortgage Payable 88 600 C. Delaney, Capital 71 490 C. Delaney, Drawings 52 780 Consulting Fees Revenue 156 860 Insurance Expense 1 660 Salaries Expense 87 940 Electricity Expense 760 Interest Expense 2 090 Telecommunications Expense 1 740 Total $398 890 $398 890 The following additional account titles are included in the chart of accounts Prepaid Insurance Telecommunications Expense Payable Office Supplies Expense Depreciation Expense -Buildings Depreciation Expense Office Equipment Interest Payable Salaries Payable