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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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