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Question 4 (8 points) Financial Statements a. Prepare a Balance Sheet for Dover Bicycle Repairs as at 30 June 2019 using the following information that
Question 4 (8 points)
Financial Statements
a. Prepare a Balance Sheet for Dover Bicycle Repairs as at 30 June 2019 using the following information that was obtained from a finished worksheet:
Account | Amount |
Cash at bank | 131000 |
Supplies | 4000 |
Prepaid rent | 27000 |
Drawings | 57000 |
Land | 45000 |
Building | 300000 |
Accounts payable | 159000 |
Unearned service revenue | 40000 |
Beginning capital | 152000 |
Accounts receivable | 104000 |
Accumulated depreciation building | 155000 |
Net profit | 162000 |
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