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Tyson Robotics Ltd runs a business that provides that sells a diverse range of animated and robotic products. The unadjusted Trial Balance for the current
Tyson Robotics Ltd runs a business that provides that sells a diverse range of animated and robotic products. The unadjusted Trial Balance for the current period is given below:
You are required to prepare:
(i) Income statement (ii) Statement of Changes in Equity (iii) Balance Sheet
Credit Debit 52000 28000 41000 200 1300 2200 200000 58600 30000 Tyson Robotics Ltd Unadjusted Trial Balance as at 30 June 2021 Account Cash at bank Accounts receivable Inventories GST receivable Prepaid Insurance Office supplies Plant and Equipment Accumulated depreciation - office equipment Trade Marks Accounts payable Salaries Payable Rent Received in Advance GST payable Loans - non current Share Capital Retained Earnings Sales Rent Revenue Cost of Goods Sold Supplies Expense Staff Salaries expense Internet and telephone expense Office Supplies Expense Depreciation Expense Insurance Expense Rent Expense 41200 13490 24000 12000 50000 100000 32000 356000 28000 198600 25000 70610 6120 2860 31300 4100 22000 1 $715 290 $715 290Step by Step Solution
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