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La Vie En Rose Bakery Co. Adjusted Trial Balance June 30, 2021 Debit(RM) Credit(RM) Cash 30,000 Prepaid Insurance 1,375 Baking Supplies 2,200 Accounts Receivable 4,000

La Vie En Rose Bakery Co.

Adjusted Trial Balance

June 30, 2021

Debit(RM)

Credit(RM)

Cash

30,000

Prepaid Insurance

1,375

Baking Supplies

2,200

Accounts Receivable

4,000

Fixtures & Fittings

4,500

Bakery Equipment

7,000

Account Payable

7,300

Note Payable

15,000

Accumulated Depreciation - Equipment

300

Salaries Payable

200

Ordinary Share Capital

25,000

Dividends

1,500

Service Revenue

15,300

Advertising Expenses

500

Rent Expense

1,000

Salaries Expense

7,500

Utilities expense

2,300

Supplies expense

800

Insurance expense

125

Depreciation expense - equipment

300

63,100

63,100

a) Prepare income statement

b) Prepare retained earning statement

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