Question
The following is an unadjusted list of account balances of Banana Management as at June with the adjustment below that must be incorporated into the final accounts.
tableRMBank overdraft,BuildingsMachineryAccounts Receivable,Opening Stock,MortgageSalesDiscount Received,Accumulated Depreciation Machinery,Accounts Payable,Bad Debts Recovered,Interest Expense,PurchasesCarriage Inwards,Carriage Outwards,AdvertisingInsuranceOffice wages,Discount Allowed,DrawingsCapital
Additional Information
tableRMClosing Stock,Accrued Wages,Prepaid Insurance,
Straight line Depreciation on Machinery
Required:
a Statement of Comprehensive Income for the year ended June
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b Statement of Financial Position as at June
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