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Do ALL parts please. Required: 1. Prepare a post-adjustment trial balance for the year ended 30 November 2025. 2. Prepare the income statement for the
Do ALL parts please.
Required: 1. Prepare a post-adjustment trial balance for the year ended 30 November 2025. 2. Prepare the income statement for the business for the year ended 30 November 2025. 3. Prepare a statement of changes in equity for the year ended 30 November 2025. 4. Prepare a balance sheet as at 30 November 2025. KUWAIT TRUCK HIRE DR CR Unadjusted Trial Balance as at 30 November 2025 $ $ Cash 40 700 Accounts receivable 71 800 Office supplies 3 200 Trucks 468 000 Accumulated depreciation - Trucks 197 000 Equipment 31 000 Accumulated depreciation - Equipment 17 500 Accounts payable 54 000 Unearned revenue 27 500 Capital Drawings 103 000 Revenue 493 500 Insurance expense 40 900 Wages expense 253 100 Advertising expense 19 400 Maintenance expense 38 000 Fuel and oil expense 53 400 Additional information: a. C. Petrol purchased on credit for $3,400 and used during the last week in November has not been paid for or recorded. b. A phy cal count showed office supplies totalling $1,700 were still on hand at 30 November. Depreciation for 1 year on the trucks amounts to $62,000, and the depreciation on the equipment is $4,900. d. The balance in the Advertising Expense account includes $3,000 prepayment for an advertising campaign beginning in July The balance in the Unearned revenue account includes $9,000 received in May for hire services completed in November. f. The November insurance premium of $3,500 is overdue and has not been recorded. An invoice has not been received. g. Wages earned but not paid amounted to $5,750. 4 eStep by Step Solution
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