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Pre-adjusted trial balance of Wardrobe Emporium (Pty) Ltd as at 30 June 2023: Debit Account (R) Capital Equipment at Cost Accumulated depreciation - equipment

Pre-adjusted trial balance of Wardrobe Emporium (Pty) Ltd as at 30 June 2023: Debit Account (R) Capital On 30 June 2023, a vehicle valued at R54 000 was contributed by one of the company's shareholders to 4. On 30 June 2023, the company paid R22 000 to suppliers regarding trade payables. 5. Gift vouchers worthPrepare the Statement of Financial Position for Wardrobe Emporium (Pty) Ltd for the financial year ending 30 

Pre-adjusted trial balance of Wardrobe Emporium (Pty) Ltd as at 30 June 2023: Debit Account (R) Capital Equipment at Cost Accumulated depreciation - equipment (30 June 2023) Inventory Bank Trade receivable Trade payables Retained earnings (1 July 2022) Profit for the year Total 187 500 (37 500) 125 000 62 500 90 500 Credit (R) 100 000 168 550 45 950 110 500 428 000 425 000 The following transactions have not yet been recorded for the financial year ended 30 June 2023: On 30 June 2023, a vehicle valued at R54 000 was contributed by one of the company's shareholders to facilitate deliveries to customers. On 1 June 2023, the company paid a total of R37 500 in rent for the next 5 months (including June 2023). 3. On 30 June 2023, Wardrobe Emporium (Pty) Ltd obtained a loan of R200 000 from the bank to finance some of their operations. 1. 2. 4. On 30 June 2023, the company paid R22 000 to suppliers regarding trade payables. 5. Gift vouchers worth R36 000 were sold by Wardrobe Emporium (Pty) Ltd during June 2023, with the condition that they would be redeemed in November 2023 for Black Friday sales. 6. On 30 June 2023, the company had unused stationery supplies of R2 500 on hand. Additional information: The accountant has identified that the total debits and credits in the pre-adjusted Trial Balance do not match. An arithmetic error made in June resulted in the overstatement of trade receivables by R3 000. The error has not yet been corrected. Prepare the Statement of Financial Position for Wardrobe Emporium (Pty) Ltd for the financial year ending 30 June 2023, considering accounting for the above transactions (1-6) and rectifying the error of overstated trade receivables. Instructions: Include all necessary headings and sub-headings in your statement. Provide workings where necessary. Assume that there were no other transactions for the year

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