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Heading Style Pane Below is the Adjusted Trial Balance for Geoff Lee Ltd., for the three months ending 30th June 2022. Accounts Balances Advertising

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Heading Style Pane Below is the Adjusted Trial Balance for Geoff Lee Ltd., for the three months ending 30th June 2022. Accounts Balances Advertising Accounts Balances 18,800 Accounts Payable Accum. Depreciation-Shop 15,000 54,000 Inventory on hand Accum. Depreciation - Vehicle 20,000 78,800 Capital-G Lee Cost of Goods Sold 142,800 174,000 Cash at Bank 24,400 Drawings 48,000 Sales Revenue 415,000 Depreciation-Shop Fittings 9,000 Delivery Vehicles 78,000 Depreciation-Vehicle 10,800 Prepaid Rent 8,000 Rent (70% Shop, 30% Office) 16,000 GST Collected 41,500 Shop Fittings 90,000 GST Paid 26,200 Interest on Loan 4,000 Accrued Advertising 400 Insurance (70% Shop, 30% Office) 3,200 PAYG Payable 6,400 Salaries and Wages (80% Shop, 20% 86,100 Accounts Receivable 53,000 Utilities (50% Shop, 50% Office) 26,800 Bank Loan (due 30/06/2025) 60,000 Required: Prepare a Classified Statement of Financial Position for Geoff Lee Ltd. as at 30 June 2022. Statement of Financial Position as at 30 June 2022 ($) ($) (6 marks) Liabilities and Owner's Equity ($) ($) Assets Cash Accounts Receivable Inventory

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