Please refer to the below image for the following questions.

ACC1101 $2 2020 Assignment.pdf - Google Chrome X lor.usq.edu.au/usq/file/e4a966e3-7a4d-43e2-b2f6-094d1032a02d/1/ACC1101%2052%202020%20Assignment.pdf Refer to the Adjusted Trial Balance of Uniklo Clothing Store and address the requirements that follow. Uniklo Clothing Store Adjusted Trial Balance As at 30 June 2020 Debit ($) Credit ($) Cash 93,000 Accounts receivable 30,000 Prepaid insurance 7,500 Inventory 90,00 Furniture 30,000 Accumulated depreciation - furniture 12,000 Accounts payable 9,000 Bank loan short-term 7,500 Sales 95,000 Cost of goods sold 0D0 6 Wages expense 20,000 Fuel expense 9,750 Supplies expense 3,000 Marketing expense 6,000 Rent expense 36,000 Office expenses 1,200 Interest expense 420 Depreciation expense - fumiture 6,000 Capital - K. Kardashian 68,370 Drawings - K. Kardashian 30,000 TOTAL 591,870 591,870 Requirements: a. Prepare an income statement for Uniklo Clothing Store for the year ended 30 June 2020. (7 marks) b. Prepare the closing journal entries (narrations are not required) for Uniklo Clothing Store for the year ended 30 June 2020. (10 marks) Type here to search O e O w (1') ENG 3:26 PM 13/09/2020