Question 2

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 i) Prepare the statement of financial performance (income statement) for the period ended 30 June 2017. (6 marks)

ii) Prepare the statement of changes in equity for the period ended 30 June 2017.

iii) Prepare the statement of financial position (balance sheet) as at 30 June 2017.