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SuperElectronics Limited Adjusted Trial Balance As at 30 June 2020 Debit Credit $ $ Cash 87.000 Accounts receivable 89,000 Allowance for Doubtful debts 4,300 4,000

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SuperElectronics Limited Adjusted Trial Balance As at 30 June 2020 Debit Credit $ $ Cash 87.000 Accounts receivable 89,000 Allowance for Doubtful debts 4,300 4,000 218,000 64,000 38,000 11.500 Supplies Plant & Equipment Accumulated depreciation Accounts Payable Wages Payable Loan payable (not due until 2025) Share capital Retained Earnings Dividends paid Sales Revenue 50,000 100,000 105,250 10,000 368,000 1.120 2,460 19,680 19,230 Interest revenue Doubtful debts expense Depreciation expense Rent & utilities expense Wages and Salaries expense Advertising expense interest expense Totals 281,000 9,300 2.500 742,170 742,170 Required Prepare the Statement of Financial Position ( Balance Sheet) as at 30 June 2020. Classify assets and liabilities into current and non-current (7 marks) (Hint- Use the Retained Earnings Balance you calculated in Part A of this question)

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