QUESTION 2: Financial Statements (20 marks) Benny Bake owns and operates a bakery called "Yumm". At year end Benny has prepared the following partially completed Trial Balance. Benny knows it is not in the correct order and he has not yet included all the Balance Sheet accounts. There is however sufficient information to complete an Income Statement. Please note that the Trial balance continues on the next page. Yumm TRIAL BALANCE AS AT 30 JUNE 2021 Debit ($) Credit ($) Cash at Bank 30,000 Baking equipment 421,000 Bakery Shelving 120,000 Sales 2,123,519 Purchases 621,000 Insurance Expense 21,000 Allowance for Doubtful Debts 5,219 Accounts Receivable 85,100 Bakery Supplies Expense 15,211 Discount Received 6,218 Interest Expense 8,500 Office Supplies Expense 5,215 Loan (repayable 1 Nov 2025) 10,000 Discount Allowed 4,100 Bookkeepers Wages 65,000 Bakery Staff Wages 265,110 Accumulated Depreciation - Bakery 17,000 Shelving Accounts Payable 27,900 Doubtful Debts Expense 4,200 Freight Inwards Expense 7,200 Advertising Expense 13,800 Bakery Rent Expense 185,000 Office Cleaning Expense 29,800 Depreciation - Bakery Shelving 11,000 Interest Income 4,900 Unearned Revenue 6,200 Depreciation - Baking Equipment 33,000 Accumulated Depreciation - Baking 75,000 Equipment B Bake, Capital (1 July 2020) 109,000