Q3. From the following adjusted Trail Balance Prepare the 3 financial statements, Income statement. Retained...
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Q3. From the following adjusted Trail Balance Prepare the 3 financial statements, Income statement. Retained Earnings Statement and Balance sheet. (2 marks) Debit 72400 1500 150000 5000 5000 6000 4000 1000 1200 Credit 200000 5000 41100 Cash Accounts receivable Equipment Supplies Expenses Advertisement Salaries Rent Dividend Insurance Common Stock Accounts Payable Car Revenues Total 246100 Total 246100
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