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Required: Complete the following workshort for Anpliance Repair for the year ended 30 June 2020. [15 markay Additional information to complete the worksheet 1. The
Required: Complete the following workshort for Anpliance Repair for the year ended 30 June 2020. [15 markay Additional information to complete the worksheet 1. The equipment of S6/ you was purchased on March 2020. The straight-line depreciation method is used with a useful life of 3 years and a scrap value of $2.700. No depreciation is ever recorded. 2. The 575.000 beriklan was borrowed on 1 May 2020. Il is en interest only loan. The interest rate is 0.05% per month. No interest is ever paid or recorded 3. The supalies on hand at 20 Jun 2000 were $GOL 1. The prevaid insurance belance represents the annual premium paid on 1 April 2020. 5. $7,500 of unearned revenue has been camed by June 2012n. 7 B 1 - - is 3 0 SII Worksheet For the you Adjustments Income Statement Balance Sheet Trial Balance (Unadjusted) Debit Credit Trial Balance (Adjusted) Debit Credit Account title Debit Credit Debit Credit Debit Credit Cash at bank 37,50 127.500 1.900 90n 67.500 Accounts receivable Prepaid insurance Supplies Equipment Accumulated depreciation Equipment Accounts payable Uneamed revenue Interest payable Bank loan (due in 2020) Capital 2.700 3,150 75.000 49,950 157,500 52.500 Service revenue Wages experts Supplies expense Depreciation annen 600 Equipment Insurance expense interest expense 288.300 288.300
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