The trial balance of Arni Boutique Centre contained the following accounts on August 31, 2020, of the companys fiscal year.

Other Information:

(i) Store supplies on hand total Tk.3, 500.

(ii) Depreciation is Tk. 9,000 on the store equipment and Tk. 6,000 on the delivery equipment.

(iii) Interest of Tk. 4,080 is accrued on the notes payable on August 31.

Other Data:

(iv) Salaries expenses 70% selling and 30% administrative.

(v) Rent expense and utilities expenses are 80% selling and 20% administrative.

(vi) Tk. 30,000 of notes payable are due for payment next year. (vii) Repair expense is 100% administrative.

Required:

a. Prepare a multiple step income statement and a single-step owners equity statement for the year.

b. Prepare a non-classified balance sheet as on August 31, 2020.

4. (35) The trial balance of Arni Boutique Centre contained the following accounts on August 31, 2020, of the company's fiscal year. Arni Boutique Centre Trial Balance August 31, 2020 Debit(tk.) Credit(tk.) Cash 26,700 Accounts Receivable 30,700 Merchandise Inventory (Aug 31, 2020) 44,700 Store Supplies 6,200 Store Equipment 85,000 Accumulated Depreciation-Store Equipment 18,000 Delivery Equipment 48,000 6,000 Accumulated Depreciation- Delivery Equipment Notes Payable 51,000 Accounts Payable 48,500 Capital 110,000 Drawing 12,000 Sales 759,200 Sales Returns and Allowances 8,800 Cost of Goods Sold 497,400 Salaries Expenses 140,000 Advertising Expenses 26,400 Utility Expenses 14,000 Repair Expenses 12,100 Delivery Expenses 16,700 Rent Expenses 24,000 Total 992,700 992,700