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Apps * Bookmarks M Gmail > YouTube Maps Bb Learn JCU 5 New Tab X...

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Accounting

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Apps * Bookmarks M Gmail > YouTube Maps Bb Learn JCU 5 New Tab X The financial records for Neville Industries contained the following information for the financial year ending 30 June 2020: Account title Amount Wages expense Advertising incurred Land Hire equipment Amount Account title ($) 40,000 Accounts payable 25,000 Capital 75,000 Cash at bank 200,000 Accumulated depreciation- Building 50,000 Mortgage payable 20,000 Building 40,000 258,000 45,000 15,000 130,000 100,000 Loan payable Accumulated depreciation- Hire equipment Electricity used Telephone charges Depreciation Electricity payable Insurance Rent 10,000 Drawings 7,500 Cost of sales 5,000 Accounts receivable 5,000 Sales revenue 3,000 Prepaid Rent fly 35,000 Interest paid 30,000 20,000 $63,000 190,000 15,000 5,000 Required: Prepare a Statement of Profit or Loss at the 30 June 2020. Write your answer on paper and upload the image of your answer into the field below. Once you have selected the image, choose the option to 'display your file inline if the browser allows'. This will allow us to see the image of your solution in the answer field below. rostar 12.10

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