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 1910 Insurance Expense 1160 1 Interest Expense 1540 Total penses 38750 Income before income tax 13735 Income Tax Expense 2200 Netcome 11535 Prepare a statement of changes in equity For decreases use either a negative sign 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 Tria Balance August 31, 2021 Debit Credit Cash $11 430 Accounts receivable 18 350 Supplies 2500 Prepaid insurance 3 400 Equipment 271300 Accumulated depreciation ipment $5 905 Accounts payable 2 900 Salares able 2600 Interest payable 1540 Income taxe Deferred morence Bancian payable 2024 35 900 Commons 3 000 Retne earning 5 500 Dividends decret 500 8 Service reserve 52 45 Salopete 29 300 tedense 12 30 Depreciation de Suposons 1930 Interest expense insurance 1160 Toc 510553 510553

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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 1910 Insurance Expense 1160 1 Interest Expense 1540 Total penses 38750 Income before income tax 13735 Income Tax Expense 2200 Netcome 11535 Prepare a statement of changes in equity  For decreases use either a negative sign 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 Tria Balance August 31, 2021 Debit Credit Cash $11 430 Accounts receivable 18 350 Supplies 2500 Prepaid insurance 3 400 Equipment 271300 Accumulated depreciation ipment $5 905 Accounts payable 2 900 Salares able 2600 Interest payable 1540 Income taxe Deferred morence Bancian payable 2024 35 900 Commons 3 000 Retne earning 5 500 Dividends decret 500 8 Service reserve 52 45 Salopete 29 300 tedense 12 30 Depreciation de Suposons 1930 Interest expense insurance 1160 Toc 510553 510553

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YANIK FINANCIAL SERVICES LTD Statement of Income For the year ended August 31, 2021 Revenues Service Revenue

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Financial Accounting

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Financial Accounting

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