The following accounts are extracted from XYZ Pty Ltd at 30/06/2018.
Account Balance $
Cash 14200
Accounts receivable 47560
Prepaid insurance 1240
Prepaid rent 960
Office equipment 39480
Accumulated depreciation 8060
Accounts payable 7840
Salary payable 1100
Unearned service revenue 3340
Capital 79020
Drawings 10700
Service revenue 33640
Salary expense 8700
Rent expenses 3600
Depreciation expense 800
Advertising expense 4360
Supplies expense 1400
Required:
Prepare the Statement of Financial Performance (Income Statement) for the period ended 30 June 2018. [6 marks]
Prepare the Statement of Financial Position (Balance Sheet) as at 30 June 2018. [10 marks]
We are a professional custom writing website. If you have searched a question and bumped into our website just know you are in the right place to get help in your coursework.
Yes. We have posted over our previous orders to display our experience. Since we have done this question before, we can also do it for you. To make sure we do it perfectly, please fill our Order Form. Filling the order form correctly will assist our team in referencing, specifications and future communication.
1. Click on the “Place order tab at the top menu or “Order Now” icon at the bottom and a new page will appear with an order form to be filled.
2. Fill in your paper’s requirements in the "PAPER INFORMATION" section and click “PRICE CALCULATION” at the bottom to calculate your order price.
3. Fill in your paper’s academic level, deadline and the required number of pages from the drop-down menus.
4. Click “FINAL STEP” to enter your registration details and get an account with us for record keeping and then, click on “PROCEED TO CHECKOUT” at the bottom of the page.
5. From there, the payment sections will show, follow the guided payment process and your order will be available for our writing team to work on it.
Need this assignment or any other paper?
Click here and claim 25% off
Discount code SAVE25