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prepare Income Statement and Balance Sheet of Diamond20 marks Trading from the adjusted Trial Balance below _Dr Cr____________ Sales 8,53 Accounts Payable 2,150 Prepaid expenses

 prepare Income Statement and Balance Sheet of Diamond20 marks Trading from the adjusted Trial Balance below 

_Dr Cr____________

Sales 8,53

Accounts Payable 2,150

Prepaid expenses 620

Salaries Payable 1,100

Office expenses 3,450

Purchases 5,230

Interest Revenue 45

Accounts Receivable 3,080

Bank loan 740

Owner's capital 5,000

Buildings 3,640

Salary expenses 1,550

_________________________________

17,570 17,570

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