It's about Financial Statement Preparation

"Hardware City" is a hardware wholesaler owned and operated by Claude Hammer. Claude hasprovided you with an adjusted year end trial balance and has tried to be helpful by sorting it intoalphabetical order. He has also provided you with some additional information.Please see the next page for the requirements of this question.Hardware City - TRIAL BALANCE AS AT 30 JUNE 2019-Debit ($)Credit ($)Accounts Payable33,375Accounts Receivable54,4506Accumulated Depreciation - Delivery Van7,200Accumulated Depreciation - Equipment8,10041Advertising Expense5,625Allowance for Doubtful Debts4,650C. Hammer, Capital (1 July 2018)87,000C. Hammer, Drawings18,750Cash at Bank24,000Delivery Van36,000Depreciation Expense - Delivery Van4,200Depreciation Expense - Equipment6,300Discount Allowed600Discount Received1,3504Doubtful Debts Expense4,200tEquipment24,000Freight Inwards3,225Freight Outwards1,800Insurance Expense5,400Interest Expense1,050Inventory (1 July 2018)