- Prepare the necessary Adjusting Entries on 31st December 2018
- Prepare the Adjusted Trial Balance
- Prepare Income Statement, Statement of Owners’ Equity and Balance Sheet.
Additional Information about the business,
- Unearned revenues at 31st December 2018, is OMR 3,500.
- Service revenues earned but not recorded at 31st December 2018, OMR 5600
- Supplies expense for the year, 850 OMR.
- Depreciation expense for the machinery for the year , 7000 omr
- Salaries accrued but not yet paid on 31st December 2018, OMR 6250
- Rent expense for the year Rs 450
income statement page 3
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- Date April 2, 2020
- Tags EXCEL, Finance assignment help