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Statement Q No. 8 The accounting information from the given data of Funfood Enterprises Prepaid insurance Cash 4500 Office stationary 15600 Sales revenue 5600 Com

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Statement Q No. 8 The accounting information from the given data of Funfood Enterprises Prepaid insurance Cash 4500 Office stationary 15600 Sales revenue 5600 Com 1175000 Commission income 25000 oth Office salaries 56000 Capital- Haroon 575000 Drawing-Haroon 45000 Equipment 45000 A/c payable 56000 Utility expense 12000 Bank overdraft Liability 75000 Insurance expense 5000 Note payable 32000 Building 750000 Prepaid rent 40000 60000 Alc Receivable 300000 Loan from bank 50000 Marketable securities 12000 Interest expense 1125,300 Operating expenses Required: Prepare a) Trial Balance b) Income Statement and Balance Sheet

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