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Requirements: a. Prepare a fully classified Income Statement for the year ended 30h June 2018. (9 marks) b. Prepare a Statement of Changes in Equity
Requirements: a. Prepare a fully classified Income Statement for the year ended 30h June 2018. (9 marks) b. Prepare a Statement of Changes in Equity for the period and a fully classified Balance Sheet as at 30th June 2108. (You will need to calculate the opening balance for Capital at 1/7/17 before you can prepare the Statement of Changes in Equity. Use the same process that you used in the test for week 5 if you are not sure what to do). (11 marks)
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