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Accounting
Please solve all questions quickly and clearly only part a 
2) From the given trial balance of Al-Ward Shop, prepare a. Income statement for the year 2021 (10 marks) b. Balance sheet for 31st December 2021 (20 marks) Al-Ward Shop Trial Balance 31* December 2020 Account Debit Credit Cash 15,000 Sale Revenue 33,500 Inventory 1,000 Account payable 30,700 Land 200,000 Intangible asset 7,700 Prepaid marketing expense 3,000 Interest payable 17,800 Account Receivable 11,700 Debenture 7,500 Bond payable 18,330 Wages payable 3,300 Owner Drawing 4,000 Purchase 12,600 Consultation revenue 17,500 Salary payable 16,400 Common Stock 101,300 Utility expenses 4,330 Wages expenses 2,000 Rent Revenue Total 261,330 261,330
only part a
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