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LO3, 4, 6 4.30 Preparing a worksheet and financial statements *** The unadjusted trial balance of Helena's Hire Cars is shown below (ignore GST). HELENA'S

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LO3, 4, 6 4.30 Preparing a worksheet and financial statements *** The unadjusted trial balance of Helena's Hire Cars is shown below (ignore GST). HELENA'S HIRE CARS Unadjusted Trial Balance as at 30 June 2019 Account Debit Credit $ 8140 12 860 640 93 600 $ 39 400 6200 Cash at bank Accounts receivable Office supplies Hire cars Accumulated depreciation - hire cars Office equipment Accumulated depreciation - office equipment Accounts payable Unearned hire fees H. Savva, Capital H. Savva, Drawings Hire fees revenue Insurance expense Wages expense Advertising expense Maintenance expense Fuel and oil expense 3500 10 800 2 260 68 340 20600 98 700 8180 50 620 3880 7600 10 680 $223 000 $223 000 Additional information 1. Petrol purchased on credit for $680 and used during the last week in June has not been paid for or recorded. 2. A physical count showed office supplies totalling $340 were still on hand at 30 June. 3. Depreciation for 1 year on the hire cars is $12 400. Depreciation on the office equipment is $980. 4. The balance in the Advertising Expense account includes $600 prepayment for an advertising campaign beginning in July. 5. The balance in the Unearned Hire Fees account includes $1800 received in May for hire services completed in June. 6. The June insurance premium of $700 is overdue and has not been recorded. A tax invoice has not been received. 7. Wages earned but not paid amounted to $1150. Required (a) Prepare a 10-column worksheet for the year ended 30 June 2019. (b) Prepare the income statement for the business for the year ended 30 June 2019. (c) Prepare a statement of changes in equity for the year ended 30 June 2019. (d) Prepare a balance sheet as at 30 June 2019

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