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Question 3. A business has supplied the following information relating to the year ended 31 December 2019 Trial Balance as at 31 December, 2019 Crs

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Question 3. A business has supplied the following information relating to the year ended 31 December 2019 Trial Balance as at 31 December, 2019 Crs Dr S 6000 45.000 Cash at Bank Lean-due 2023 Wages Electricity Capital Computers Stock control Accumulated depreciation - computers GST Clearing Creditors control 65.000 22000 11 and 25.00 17.500 1.900 320 17.000 250.000 6,000 1.500 Stationery Drawings Packaging costs Cost of sales Insurance Cartage in Cartage out Debtors control 900 135.000 1.500 4,000 1.400 8.500 5.200 Rent 353,5005353.500 Adjustments Required: Rent owing $2,000 2. A physical stocktake conducted on 30/6/2019 showed total stock on hand of S18,000 Depreciation on the Computer is 25% on cost Required: Prepare an Income Statement Prepare a classified Balance Sheet

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