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Your answer is required in the form of a formatted copy-able table (not a screenshot). Financial Statements The adjusted trial balance of Benn's Band Hire
Your answer is required in the form of a formatted copy-able table (not a screenshot).
Financial Statements The adjusted trial balance of Benn's Band Hire Agency Services is shown below. Using the Trial Balance, prepare the following: a. Income Statement (5 Marks) b. Statement of Changes in Equity (7 Marks) C. Classified Narrative Balance Sheet (8 Marks) Benn's Band Hire Agency Services Adjusted Trial balance as at 30 June 2018 Debit Credit Cash at Bank 52,000 18,000 Accounts Receivable Computer 3,000 Accumulated Depreciation - Computer 600 Land 900,000 Unearned Revenue 3,600 Accounts Payable 10,500 Mortgage Benn, Capital 450,000 563,000 120,000 180,000 500 Benn, Drawings Service Revenue Depreciation-Computer Electricity Expenses Wages Expense Rent Expense Cleaning Expenses 2,200 70,000 36,000 6,000 1,207,700 1,207,700 Income Statement of Revenue Expenses Profit Statement of Changes in Equity of. Capital- Capital- Balance Sheet of Current Assets Non-Current Assets Total Assets Current Liabilities Non-Current Liabilities Total Liabilities Equity Total Equity and Liabilities
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