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Question 2: From the following account balances to 30 June 2020 prepare a statement of financial position in the narrative classified format. / Type of
Question 2: From the following account balances to 30 June 2020 prepare a statement of financial position in the narrative classified format. / Type of Account Accounts Receivable Provisions Prepayments Sales Revenue Plant and Equipment Other Current Assets Borrowings Interest on Borrowings E Accumulated Depreciation Accounts Payable Share Capital Land and Buildings Inventory Two Year Term Deposit Cash at Bank Retained Earnings Salaries expense Salaries Accrued Insurance Expense Annual Depreciation Utilities Expense Selling Expenses $ 46500 50000 1200 455000 220000 11000 120000 6000 48500 26000 450000 339000 78000 98500 32000 ? 215000 12500 9000 22000 8500 25000
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