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Required: Prepare a balance sheet for Thompson Pty Ltd as at 30 June 2021. 3. The following is a list of account balances for Thompson
Required: Prepare a balance sheet for Thompson Pty Ltd as at 30 June 2021.
3. The following is a list of account balances for Thompson Pty Ltd for the financial year ended 30 June 2021. Account Provisions for pensions Furniture Goodwill Land Retained Earnings Cash and cash equivalent Long-term receivables Inventory Buildings Interest Payable Loan Share capital Account receivable Equipment Prepaid expenses Accounts payable Taxes Payable Salaries 31 December 2019 $ 136,000 40,000 50,000 110,000 240,000 13,000 10,000 127,000 275,000 16,000 200,000 114,000 36,000 150,000 9,000 50,000 24,000 40,000Step by Step Solution
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