1. Prepare;

(a) the Income Statement (3 marks)

(b) the Statement of Changes in Equity (3 marks) and

(c) the classified Balance Sheet, in side-by-side or report form (3 marks)

The following is the (unadjusted) trial balance for Delta Pty Ltd for the year ended 30 June 2020.

Delta Pty Ltd
Trial Balance as at 30 June 2020
Account Title	Debit ($)	Credit ($)
Cash	82,550
Accounts Receivable	81,500
Supplies	26,450
Prepaid Insurance	1,500
Plant & Equipment	28,400
Accumulated depreciation - Plant & Equipment		5,680
Accounts Payable		19,590
Salaries Payable
Unearned Service Revenue		10,000
Income Tax Payable		3,175
Bank Loan		15,500
Delta, Capital		50,000
Service Revenue		150,250
Electricity Expense	2,500
Salaries Expenses	24,450
Rent Expense	1,800
Postage and Telephone Expense	3,250
Interest Expense	1,795
Insurance Expense
Depreciation Expense Plant & Equipment
Supplies Expenses
	254,195	254,195

Adjustment data at 30 June 2020:

1. Pre-paid insurance expired, $750.
2. Depreciation for the year, $2 840.
3. Accrued salary expense at 30 June 2015, $2 800.
4. Unearned service revenue still unearned, $5 000.
5. Supplies used during the year, $20 000.