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Question 2 (6 + 6 + 6 = 18 Marks) The trial balance of Moe Manufacturing Company at 30 June 2017 and the data needed

Question 2 (6 + 6 + 6 = 18 Marks)

The trial balance of Moe Manufacturing Company at 30 June 2017 and the data needed for the month-end adjustments follow:

Moe Manufacturing Company Limited

Adjusted Trial Balance

as at 30 June 2017

Account

Debit

Credit

Cash

$ 7 700

Accounts receivable

19 200

Prepaid rent

500

Supplies

700

Equipment

19 900

Accumulated depreciation

$ 5 200

Accounts payable

4 500

Salary payable

1 100

Unearned service revenue

1 100

Moe, capital

39 500

Moe, drawings

9 500

Service revenue

16 900

Salary expense

4 600

Rent expense

1,900

Depreciation expense

900

Advertising expense

2 800

Supplies expense

600

Total

$ 68 300

$ 68 300

Required

Prepare the statement of financial performance (income statement) for the period ended 30 June 2017

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