required 1. using accrual accounting prepare the income statement for year ended 30 june 2019.

2. using accrual accounting, prepare the balance sheet at 30 june 2019

Revenue from clients includes $14,500 for marketing services to be provided in July 2019. A 12 month insurance policy totalling $6,000 commenced and paid in full on 1 August 2018. Straight Line Depreciation. Rent of premises is $2,000 per month, paid 3 months in advance, Office Supplies on hand at 30 June 2019 is $12,500. An amount of $11,500 is owed for services completed on 28 June 2019. As at 30 June 2019 wages owing to employees amounted to $6,350. Stewart Marketing Consultants Statement of Cash Receipts and Cash Payments for 12 months ended 30 June 2019 Revenue from clients includes $14,500 for marketing services to be provided in July 2019. A 12 month insurance policy totalling $6,000 commenced and paid in full on 1 August 2018. Straight Line Depreciation. Rent of premises is $2,000 per month, paid 3 months in advance, Office Supplies on hand at 30 June 2019 is $12,500. An amount of $11,500 is owed for services completed on 28 June 2019. As at 30 June 2019 wages owing to employees amounted to $6,350. Stewart Marketing Consultants Statement of Cash Receipts and Cash Payments for 12 months ended 30 June 2019