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Rex Retailers is a sole trader business. Assuming there are no transactions with the owner for the year ended 30 June 2023, calculate expenses for
Rex Retailers is a sole trader business.
Assuming there are no transactions with the owner for the year ended 30 June 2023, calculate expenses for 2023 based on the following information:
Assets at 30 June 2023 are $20,708,
Equity at 1 July 2022 is $10,291,
Liabilities at 30 June 2023 are $6,061 and
Income for 2023 is $14,284
Enter your answer for expenses as a positive value
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