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Question 1 (Topic 4) - 10 2010 290 The unadjusted trial balance of Helena's Hire Cars is shown below (ignore GST). Helena's Hire Cars Trial

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Question 1 (Topic 4) - 10 2010 290 The unadjusted trial balance of Helena's Hire Cars is shown below (ignore GST). Helena's Hire Cars Trial Balance As at 30 June 2019 Credit Debit 18,140 21,340 640 3,880 93,600 Account Cash at bank Accounts receivable Office supplies Prepaid advertising Hire cars Accumulated Depreciation - hire cars Accounts payable Unearned hire fees Helena, Capital Helena, Drawings Hire fees revenue Wages expense Fuel and oil expense 39,400 10,800 2,260 68,340 20,600 98,700 50,620 10.680 219,500 219,500 Additional information a. Petrol purchased on credit for $680 and used during the last week in June has not been paid for or recorded. b. A physical count showed office supplies totalling $340 were still on hand at 30 June. Det C. Depreciation for 1 year on the hire cars is $12,400. d. Prepaid advertising has a balance of $600 at the end of the month. e. The balance in the Unearned Hire Fees account includes $1,800 received in May for hire services completed in June. Required: Prepare a 10-column worksheet for the year ended 30 June 2019. Unadjusted trial Adjustments Adjusted trial Income statement Balance sheet balance balance Account Title Debit Credit Debit Credit Debit Credit Debit Credit Debit Credit Cash at Bank 18,140 18 , 140 18 1910 Accounts Receivable 21,340 121340 1340 Office Supplies 640 300 340 340 Prepaid advertising 3,880 13280 600 Hire Cars 93,600 93 600 Accum. Depr. Hire 39,400 Cars 13.400 51 900 51400 Accounts Payable 10,800 110800 10 800 Unearned Hire Fees 2,260 1.800 460 LI 60 Helena, Capital 68,340 68,40 66340 Helena, Drawings 20,600 20 600 20 bool Removal Fees 98,700 709 98,700 Revenue Wages Expense 50,620 50630 50.630 Fuel and Oil Expense 10,680 11560 61,560 $219,50 $219,50 0 0 Euele oil payahl 690 680 680 is pense boo 300 300 Dipeti e panse 12400 1) 19400 Ad expenses 320 32 to His fee earned 1800 1800 1800 Profit for the year 1x7960/100500 22540 95540 100 500 100 500 154 6201 154620 6.90

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