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The following information is for Bulwara Ltd: Bulwara Ltd Adjusted Trial Balance as at 30...

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Accounting

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The following information is for Bulwara Ltd: Bulwara Ltd Adjusted Trial Balance as at 30 June 2019 Account names Debit $ Credits Cash 300 5.900 Accounts Receivable Supplies 3.200 400 28,000 1,240 13,600 Prepaid Rent Office Equipment Accumulated Depreciation Office Equip Accounts Payable Service Revenue Received in Advance Salaries Payable Share Capital Retained Earnings, 1 June 2019 Dividends paid 1,500 1,000 20,000 7,600 2,000 Service Revenue 3.700 Depreciation Expense 240 Supplies Expense 2,200 Salaries Expense 6,000 Rent Expense 400 $48.640 $48.640 You are Required to prepare the following for the month ended 30 June 2019 1) Statement of Profit or loss. (state your answer in the space provided) 2) Calculation of retained earning. (state your answer in the space provided) 3) Statement of financial position (state your answer in the space provided)

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