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Question 2 Cr Equipment rental Insurance Lighting and heating expenses Motor expenses Salaries and wages Sales 1,804 1,990 2,350 48,580 382,420 245,950 624 19,400 Sundry

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Question 2 Cr Equipment rental Insurance Lighting and heating expenses Motor expenses Salaries and wages Sales 1,804 1,990 2,350 48,580 382,420 245,950 624 19,400 Sundry expenses Creditors Debtors 23,408 44,516 4,600 74,000 11,346 44,000 Cash at bank Drawings Capital 194,272 600,100 600,100 Stock at 30 June 20x8 was 29,304. If salaries of 1,200 are unpaid and there is a prepaid insurance of 300, prepare an income statement and balance from the above given details 0 9

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