Prepare the following

a. Income statement

b. Statement of Capital

c. Statement of Financial Position

d. Cash flow statement

5. Prepare income statement, statement of capital, statement of financial position and cash flow statement. TING CYCLE Comprehensive Problem an enterprise to be known as S Designs, on June of the current year. During the remainder transactions the Mr. S transferred cash from his personal bank account to an account be used for the business, P500000 4 Purchased supplies for cash, P25,000 6: Purchased equipment on account, P30,000 s. Purchased a truck for P150,000, paying P80,000 cash and giving a note payable for the remainder 10: Paid rent for the period of June 15 to end of month, P5,000. 2: Received cash for job completed, P200,000 13: Purchased supplies on account, P40,000 15: Paid wages of workers, P60,000 17 Paid premiums of property and casualty insurance. P2.000 19 Paid creditor for equipment purchasod on June 6, P15,000 20: Recorded sales on account and sent invoices to customers P250,000 Received cash for job completed. P90,000. The sale had not bec 21: recorded previously. Received an invoice for truck repair, P4,000 24 25 27:/ utilities expense, P1,500 Paid miscellancous expense, P ved cash from customers on account, P100,000 Paid wages of workers, P75,000 Withdraw cash for personal use, P20,000 30: 30