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Please solve this question and explain the steps for the solution. Also write in clear handwriting or on a computer. Tak 10 marts A. From

Please solve this question and explain the steps for the solution. Also write in clear handwriting or on a computer. image text in transcribed
Tak 10 marts A. From the given Trial Balance of Allawhara Shop 1. Discuss the company accounting Cyde with all its elements before prepared is Trial Balance (5 marks) 2. Income statement for the year 2015 martes) 3. Balance sheet for 31" December 2011 (15 marks) AL Jawhara Shop Trial Balance 31" December, 2021 Debit 7,000 Credit Account Cash in hand Sale 50,000 11,600 10.800 Cash in bank Account Receivable Inventory Land Intangible asset 1,500 27,000 6,700 MEC AMO_TEM_035_02 Accounting For Business (BUSS 2000.1)-Fall-21-CW 1-0 2,000 6,400 600 900 1500 30,000 4500 3000 400 Prepaid insurance Account payable Interest payable Trade receivable Financial debt Long-term loan Income tax payable Bond payable Wages payable Owner Drawing Purchase Notes payable Consultation revenue Salary payable Capital Administrative expenses Salary expenses Furniture Rent Revenue Total 7,000 5,600 9500 4300 2000 14,000 30,100 20,000 7000 11,000 137,200 337,200

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