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YANIK FINANCIAL SERVICES LTD Statement of Income For the year ended August 31, 2021 Revenues Service Revenue 52485 Expenses Salaries Expense 19300 Rent Expense 12365

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YANIK FINANCIAL SERVICES LTD Statement of Income For the year ended August 31, 2021 Revenues Service Revenue 52485 Expenses Salaries Expense 19300 Rent Expense 12365 Depreciation Expense 2475 Supplies Expense 1990 Insurance Expense 1160 Interest Expense 150 Total pensies 58750 Income before income tax 13735 Income Tax Expense 2200 Net income 51535 Prepare a statement of changes inequity. For decreases use either a negative sin preceding the number, eg - 45 or parenthesis, eg. (451) YANIK FINANCIAL SERVICES LTD. Statement of Changes in Equity Year Ended August 31, 2021 Common Shares Retained Earnings Total Equity > > > > $ YANIK FINANCIAL SERVICES LTD. Adjusted Trial Balance August 31, 2021 Debit Credit $11.430 Accounts receivabe 18:250 Supplies 3.500 Prepaid insurance 3.400 Equipment 27.300 Accumulated depreciation-guipment $5.905 Accounts payable 2.900 Salares parable 2600 Interest payable 1540 Rent payable 1300 Income taxe 1500 Deferred trenge 200 Bancian payable 2024 25.900 Common has 5000 Reine earnings 5.500 Dividends decared 500 Service revenue 5245 Se pense 29.300 tense 12:35 Depreciation des Supplerende 1230 Interested insurance 1160 2200 Toc 510553 3305 YANIK FINANCIAL SERVICES LTD Statement of Income For the year ended August 31, 2021 Revenues Service Revenue 52485 Expenses Salaries Expense 19300 Rent Expense 12365 Depreciation Expense 2475 Supplies Expense 1990 Insurance Expense 1160 Interest Expense 150 Total pensies 58750 Income before income tax 13735 Income Tax Expense 2200 Net income 51535 Prepare a statement of changes inequity. For decreases use either a negative sin preceding the number, eg - 45 or parenthesis, eg. (451) YANIK FINANCIAL SERVICES LTD. Statement of Changes in Equity Year Ended August 31, 2021 Common Shares Retained Earnings Total Equity > > > > $ YANIK FINANCIAL SERVICES LTD. Adjusted Trial Balance August 31, 2021 Debit Credit $11.430 Accounts receivabe 18:250 Supplies 3.500 Prepaid insurance 3.400 Equipment 27.300 Accumulated depreciation-guipment $5.905 Accounts payable 2.900 Salares parable 2600 Interest payable 1540 Rent payable 1300 Income taxe 1500 Deferred trenge 200 Bancian payable 2024 25.900 Common has 5000 Reine earnings 5.500 Dividends decared 500 Service revenue 5245 Se pense 29.300 tense 12:35 Depreciation des Supplerende 1230 Interested insurance 1160 2200 Toc 510553 3305

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