WPS 3 BU1002 BU....pdf (8) X + = X14 + 66.18% a a B < 3/6 > PDF Word PDF 3 WF- K < 3/6 > > Question 1 (15 marks) The financial statement balances presented below are for Gold Design Services for the end of the financial year, 30 June 2021. Cash $29,500 Accounts Receivable 13,800 Office Supplies 7,700 Furniture 17,500 Accumulated Depreciation- Furniture 13,500 Building 47,500 Accumulated Depreciation-Building 38,500 Land 17,500 Accounts Payable 9,500 Salaries Payable 8,000 Unearned Revenue Rent Income Cassy, Capital Cassy, Withdrawals Service Revenue Salaries Expense 12,500 14.000 75,500 15,500 37,900 24,000 Supplies Expense Depreciation Expense-Furniture Depreciation Expense-Building Advertising Expense Interest receipts 8,300 1,500 9,600 10,500 2,000 Required: a) Prepare a Statement of financial performance for Gold Design Services at 30 June 2021. (6 marks) b) Prepare the Statement of Owner's Equity and the Statement of Financial Position for Gold Design Services at 30 June 2021. (6 marks) c) To get a loan to expand the business, Gold Design Services' owner, Cassy must show the bank that the business's owner's equity has grown from its original balance. Can Cassy expect to get the loan? Provide your reason(s). (3 marks) H E BB 66%